This sums up the countries fiscal problems really well:
“The country faces a fundamental disconnect between the services the people expect the government to provide, particularly in the form of benefits for older Americans, and the tax revenues that people are willing to send to the government to finance those services,”
People want government services but don’t want to pay for them, a good deal for awhile, but at some point the country will go bancrupt. My guess is that most people would not handle a cut in services well so it may be time to talk tax increase.
Posted by John Rove in Words