#7 Danni: "I acknowledge there is a problem,..."
I've been saying it for over 15 years. Some of my real-life naysayers are finally agreeing with me. The can has been kicked about as far down the road as it is going to go. We are facing a fiscal tsunami brought about by countless politicians who kept spending far faster than money was coming in. And idiot voters who somehow thought the bacon would kept being brought home to infinity.
Danni: "...that we couldn't fix it even if we taxed at 100% though is nonsense. "
It's simple math, dearie. Taxing income at 100% won't come close to fixing it and even wealth confiscation won't do it, though the latter would introduce problems (like an exodus of the wealthy) that will quickly bring down the whole stack of cards. I'll continue saying the same thing as I have in the past: it is inevitable, INEVITABLE that huge spending cuts are coming, regardless of what pols (right or left) promise and regardless of appearances right now. The only question is if it will come next year, in five years or as long as ten years off.