Why would they? There's food in the grocery stores, gas is cheap, we have roofs over our heads. Consumer goods such as computers and TVs are cheaper than they've ever been. $22 trillion is a number so large it can't be comprehended. It means nothing. It's like counting the grains of sand on the beach.
Glad to see I’m not the only one who cares about our future generations. All it would take is a TEMPORARY slight inconvenience, sacrifice, and reassessment of priorities.
Also, SS will be following that up in 2 years after that. Oh, btw, by that time, $1trillion will be needed to service the interest of our "grains of sand on the beach" (Which takes money out of the economy, duh) and don't forget Petro hostages that would gladly leave the US' system in favor of more rising economies that bring competition to the mix.
CBO states that 25% or so beanies need to be cut from SS across the board, just for starters. Imagine what that will do to the economy and the voters.
Also, one bad recession between those years and the Treasury is screwed based on the gift that the Fed Reserve is providing. Rates capped at 4.2% is guaranteed to cause funny money (Ignoring downgraded bonds) to become a “solution” if that occurs.
Uncontrolled debt doesn't matter (US DOES have uncontrolled debt due to CBO projections), BS, that is the second biggest Pied Piper deceit of all time next to "You will not surely die".