Clearly, Bob was royally ticked off. He had good reason to be. It had to do with money, and it can be summed up as follows —
The country’s leaders claim that money has to be borrowed to provide for the well being of the country. The lenders are people and institutions from both within and outside the country, who figure they will gain something by loaning the money. They are not giving the money away. The amount borrowed has now gotten so high that many question if the debt can ever be paid off. Unanswered questions abound, like “what happens when the lenders call in the loans and the country can’t pay it off”, “what collateral will have to be surrendered?”, “what is the collateral that has been used to get the loans?” and “could the country lose its independent existence if the loans ever had to be paid off?”
Although Bob’s frustration and anger were beyond any concrete, short-term remedy I could suggest, it has triggered some thinking about cause and effect. One of the major causes (I recognize that multiple causation is involved) is that a significant number of the power people have abandoned the basic justice needed by a well functioning society. Let me illustrate.
If a person steals from someone else, it is not full justice to simply put the thief in jail. No, full justice includes that the stolen goods be returned in some form. If a person injures someone, the injurer has to somehow return to the injured something of equal value. Going to jail doesn’t satisfy the full demands of justice.
When power people know they can make decisions resulting in a country being socially damaged, and know that the worst consequence may be not being reelected, justice is not being served. And even that “worst consequence” is avoided in a simple way. They “protect” themselves by establishing a “benefactor” role with the voters, who in turn “gain” by the corruption of their benefactor. Voters tend to elect those who “bring home the bacon” to their district or their state. That is what is behind the expressions, “all politics are local” and “keep your constituency happy.”
And so the old refrain normally attributed to de Tocqueville continues to be actualized, “the people have the government they deserve.” Where and when the society is plagued by varying degrees of injustice, unpayable loans should not surprise anyone.