Well, whenever the debt is discussed, completed with that ever-changing digital display.... how is it we never get figures on REVENUE???
Isn’t REVENUE pouring into the Treasury as we speak??
Simple-minded I know, but why are we only hearing about DEBT and not REVENUE??
I have wondered also just how “dire” the economy is....
Because the deficit is the difference between revenue and spending and that cumulative difference requires us to make debt payments. We are getting to the point where we will not be able to make those debt payments. We could raise taxes and although it would be a drag on this country, it wouldn’t be the end of this country. If we continue with the Washington compromise being Republicans get their low taxes and the Democrats get their high spending, it will be the literal ruin of this country.