This article describes how three Republican presidents increased the US national debt from $0.9 trillion in 1980 to $7.7 trillion today.

Imagine two brothers who switch the control over family budget between each other every few years. Imagine the frustration of the second brother who is watching how the first brother borrows money and give them out to his friends. They for sure remain now only his friends, as the second brother will never have so much money in his turn to bribe them.