The problem is that both parties have found the promises to make, and they're opposite and don't take the other into account.

Democrats promise to spend more. Republicans promise to cut taxes. Neither promise to cut spending or increase taxes (and 'on the rich' doesn't count) because that would be really unpopular!

When democrats promise to spend more you might assume they intend to pay for it with new tax. They don't. Even during good times they just increase debt.

I think most people assume when Republicans talk about cutting taxes that they mean cutting spending. They don't. Even during good times they too just increase debt.

For the most part it means you get new democrat spending and new republican spending and new republican tax cuts.

Since inflation is here, I think we'll need to see a huge paradigm shift. Rates must rise and soon, and when they do governments around the world will find their time is up. Basically all money will go directly to bankers and programs will be crippled by lack of money. The problem with socialism is eventually you run out of someone else's money.