The United States federal debt began growing with the New Deal. So not only was Roosevelt putting unemployed labor back to work, but unemployed capital, as well.

Then World War 2 came along, as the largest public works project in American history and the die was cast.

The military industrial complex is the trophy wife of the banks. They look good, get whatever they want and don't ask questions.

The only real job those flunkies in Washington have is running up the debt the banks need to grow metastatically. "The real money is in bonds."

The secret sauce of capitalism is public debt backing private wealth.