One would think given that the level of deficit hysteria in Washington has reached such a fevered pitch that the American electorate was clamoring for our elected officials to make the federal debt their only priority. The reality according to Gallup is the opposite. The American people are almost exclusively worried about the economy and jobs, with the federal deficit an distant third place concern.

What do you think is the most important problem facing this country today?

The America people are not demanding this misguided focus on the deficit right now. And with ten year Treasury bond yields around three percent, there is no financial reason for a narrow focus on deficit reduction with unemployment still so high.

This collective madness in Washington right now is our politicians own creation.