Explaining Obama's Deficits
Obama must have read that and figured that Reagan and Dubya were rank amateurs. He would show them what maxing out credit was really like/
Here's a theory. Imagine your Significant Other or Life Partner or Symbiotic Heterotroph has an incurable spending problem. All your efforts to take away the credit cards have failed. Merchants ignore you when you tell them not to let this person use credit. Lawyers and the courts tell you there's nothing you can do, but you're still liable for the debts. What do you do?
Answer: max out the credit cards on what you want. You get things that matter to you, and your partner can't spend any more.
Americans have shown at the polls and in their personal lives they are not willing to exercise fiscal restraint. So beginning with Reagan and Star Wars, Republicans maxed out government spending on things that appealed to Republicans. They spend on the military, on pork in Republican districts, and so on.