Slow Motion Train Wreck

The chart above shows US debt as a percent of US GDP. The IMF believes the US faces a huge budget crunch in the near future. Probably so if we can't grow our way out of it. And how can we grow our way out of debt as we simultaneously face boomer retirement while implementing national health care?

The US carried a high percentage of debt relative to GDP  to rebuild much of the world's economies after WW2. But then the US had the only standing manufacturing base in the world and cheap energy. Now our manufacturing base has been sent overseas and the age of cheap energy is over. Further, the US has no national energy policy to address the coming energy crisis.

The leadership failures of this nation are just shameful. Not one of the problems are being confronted by either party. Academics fail to provide ideas as well while the media provides cover for the dunces that lead us. The population gets fatter and dumber by the minute as they sit around watching idiotic television shows. I feel like I'm watching a slow motion train wreck.