The facts are rather overwhelming ... for the last four years our federal government has outspent revenue by over 1 T R I L L I O N dollars ... each and every year(actually closer to 1.5 Trillion). The President says that if we get the wealthy to pay their "fair share" we would be financially healthy.
If we exact the taxes on the wealthy that he suggests are fair .... we would still be $800,000,000,000.00 in debt each and every year. That's 800 B I L L I ON! His proposal would take 10 years to capture 1 Trillion dollars ... and none in the media are asking why that would make sense ... though it means we would find ourselves 10 Trillion more in debt ... after we got the rich to forfeit even more of their earnings ... and that doesn't include the interest on debt, nor does it factor inflationary spending.
The ignorance of this discussion leaves me to believe we are truly unable to be responsible anymore. We have become a society that is indifferent to the long suffering of those that will follow, as long as we get our grapes off the vine.
Truly pathetic ...