How do you balance a budget when expenses exceed income?
You're a businessman, you know you can run a "deficit" for a while but sooner or later the lines of credit dry up. How do you balance the budget at that time?
I know you make more then I do (and no harm flet, you have worked for it). But unless we BOTH pay more then that national VISA card gets maxed.
And by VISA I mean foreign nations. When did we become someones bitch to call them and ask for a higher limit on the visa card (as a nation). When did we become so fucking pathetic that we have to beg others to lend us money?
Because NOBODY (rich, Poor and all inbetween) is willing to pay a fair stake for police, pothole filling and AC130 gunships. So we pay a %. Then the rest is "deferred", till when?
As a nation the USA is out of paper on the postit pad for IOU's. Other nations have been burned by US investments (subprime, pseudoprime, prime. All the same it's shit). So you as a rich republican say who cares!!!!! Well, they keep you lights on (2.2 billion $ per day). What do you do when they stop that? What happens when they want hard collateral for it?
Nobody in this nation has paid their share in over a generation. You are used to "deferring it". You don't know any better, as does anyone else. It is sad, people like you, myself and everyone else is destroying this nation. We all do it, rich, poor and everyone inbetween.
This is not a slam on you, stretch or others. But there is NO WAY OUT BUT TO RAISE TAXES on everyone. There are only 2 solutions, both unpleasant.
You as an American have RAPED your country blind with IOU's for the crap you wanted. That VISA card is about MAXED, then what?
And if you say "all countries do that", then the answer is "no they do not". Other countries have spent 10+ yrs paying down fed debt. Others even have a federal surplus. So that line of bullshit reasoning is crap.
