Comment Re:Tax digital downloads and amil order products? (Score 1) 293
At the ned of tha day, when the interest on your debt forms such a great portion of your overall budget that it squeezes out vital programs, you will have no choice but to raise the tax. There is a level of service that people will not accept being cut-off. The bill comes due.
All we have to do is stop paying out 250 billion dollars a year overseas to fund that "bullshit that we do to other countries" and we'd have a pretty good chunk of yearly payments taken care of right there. Last poll I saw, the American people don't support messing around with other countries, it is our government which does that all on its own, even after we've voted for them on their promise not to. There is a lot more going on here than that too, like the fact that many of our government agencies are utter wastes of taxpayer money. Take the FTC for example: Do they regulate trade? No. Did they do anything to even bother talking to the oil companies when they were raping us at the pump? No. Those are costly services we can do without. Add them up and we can pay off this stupid debt pretty quick AND make people happier at the same time.
So you're right that we can't afford this debt in the long-run, but I disagree that raising taxes is the *only* solution. Cutting idiotic government spending is equally possible, although it is politically impossible to imagine that happening with this current batch of scum (right and left). We desperately need political change here in the US, not more taxes.