Without looking at the particulars...
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Originally Posted by Xellos-_^
So the government spend more money then it has to keep the voter's happy.
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The voters... and themselves... and various rich people... (I'm from a country that also insists on spending money it doesn't have. Oddly enough, I seldom see any of it. Members of the government or parliament, big businesses board members and so on don't have that problem, though.)
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Now that the bills are due, the voters want to revolt?
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Well, yes. "The voters" didn't decide to buy loan equities, or feed speculative bubbles, or make various other bad financial decisions. Admittedly, they didn't precisely say no either, or even kept themselves very informed. And yeah, they did always demand more money, jobs, services...