Comment Re:Derp (Score 1) 282
How much debt is too much? 17 Trillion? 20 Trillion? 50 Trillion? When does it stop? How much money do we continue to borrow from foreign creditors before we realize this model is NOT workable long-term? How much do we borrow before other countries refuse to lend any more to us?
Unless your plan is to significantly raise taxes. And if you think THAT won't have a negative impact on the world's economy, try it and see... Or maybe the plan is to collapse the entire system and start fresh with a new one in which the government provides for all, but that's not sustainable long-term either. Somebody has to pay for things. And if the people who normally work to pay for things realize that they don't really have to work and can just live off the government and thus decide to stop working, then what?