One suggestion. If you want to complain about the problems with democracies and bring up the virtues of republics, then I highly recommend that you don't mention the US, as it basically is the poster child of what is wrong with the idea of republics.

Lappland is 25% of Sweden has 0.85 inhabitants per square km. Alaska is 17% of US and has 0.46 inhabitants per square km.

US by urban size groupings(year 2000 census)
200000+: 58.3%
50000-199999: 10.4%
5000-49999: 8.9%
2500-4999: 1.7%

Sweden by urban size groupings (year 2010)
200000+: 23.4%
50000-199999: 15.5%
5000-49999: 28.3%
2500-4999: 6.4%

Correction. Should have been 79% as of year 2000 for US.

Population density
Sweden: 21/km squared
US: 32/km squared

Population percentage living in urban areas (2500+).
US: 75% as of year 2000.
Sweden: 73.6% as of year 2010

Yup. The currency issuer (federal government) is not issuing enough money (running a high enough "deficit") to match private+foreign sector aggregate savings rates. This is directly evidenced by current unemployment rates.

There is also a secondary problem of mis-allocation of resources in the federal government, in other words, the federal government is spending money on the wrong things. But that doesn't change the fact that the current deficit is too low.

Two things:

* Lots of states have gone away from the ridiculously low federal minimum wage (http://oregonstate.edu/instruct/anth484/minwage.html)

* Your link points to household income, not minimum earning per hour.

$15 is only 20 times that of the minimum wage in 1950. The gdp per capita has gone up by closer to 25 times in the same time period.

Those who are spoiled are those who exploit minimum wage workers as modern day slave labor.

Except that the real wage minimum wage hasn't gone up at all in the last 50 years while the real gdp per capita has gone up by 170%.

But don't let facts cloud your damaged brain. Go on believing the fairy tale lies about how everyone benefits from the rich getting richer.

The federal government never ever pay debts from tax revenue. Taxing is nothing more than a mechanism to reduce the aggregate money supply in the private sector. Once money has been taxed it is gone into the void. (for the federal government or any other currency owner that is)

The federal government doesn't own money. It doesn't make any sense, as it is the issuer and recaller.

As such, the only way for the federal government to repay debt is by creating new money. And with that realization, you quickly come to the understanding that the government doesn't have to borrow money if it doesn't want to. However, borrowing is a simple and easy way to manage interest rates and tie up private/foreign sector savings over a longer term so that it is impossible to flood the market with currency in a short interval. Hence, sovereign currency owners borrow to make the currency more stable.

As for Greece. They aren't a currency owner, so it sucks to be them.

Is Greece the owner (monopoly issuer) of a fiat currency?
Does Greece have all its debts nominated in that fiat currency.?

If you answered no to either of the two above questions, then government debt has to be repaid or defaulted on.