SUSTAINABILITY: CBO Director Says Debt to Soar Past Postwar Levels at Current Trajectory. “Projected at 150 percent of GDP by 2049, and ‘even at its highest point ever even after World War II debt was far less than that at 106 percent of GDP”.”

The difference between World War II and an entitlement program? WWII had an end.

UPDATE (FROM GLENN): Flashback: Why Guns Are Better Than Butter.