Quote:
Originally Posted by Paper1
I'm trying to say, probably poorly, that we need to raise taxes to match our spending. I do believe the US will not be able to meet it's financial promises but it will not be called default. Very basic mathmatics should make this pretty clear. As a society we don't even want to raise gas taxes to fix our roads with at 2.00 and will instead issue more US bonds.
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We don't want to raise the gas taxes to fix our roads cause most of us believe that money will either be poorly spent or sent to another country. We don't trust our government anymore so we are no longer interested in funding their lies.