There are only three options left.
Either we:
1. Raise taxes to pay for our social programs;
2. Reduce entitlement benefits drastically for all citizens, beginning now;
3. Install some combination of 1. and 2.
All other paths, including our elected officials' perennial favorite, 4. Stay The Course, lead to financial ruin and the end of the nation as we know it.
I'm sick and tired of 4.
I want 1.
I want more taxes, and I want them yesterday. I want the rich to pay more than the non-rich, because the reverse is cruel and ineffective. And I want the media to expose relentlessly how lower taxes are only possible if we aggressively slash Medicare and Medicaid and Social Security and every other bit of spending the government undertakes.
There exists no option 5., called "Cut taxes and pretend we can save money in the great 'elsewhere' of the federal budget. Like foreign aid. Or 'waste.' Or earmarks. Or pork." That plan's not viable, not possible, and it's high time its predetermined failure was properly publicized. We can't have social programs and low taxes. And anyone who claims otherwise should be ridiculed as an untrustworthy power-hungry liar. There is no room in the budget for that reckless financial fantasy.
Anyone who claims we can trim government revenues without touching the social safety net's benefits is unfit to lead the country.
I have numbers.
Medicare/Medicaid costs 779 billion annually.
Social Security costs 694 billion.
National defense and wars set us back 680 billion.
Federal pensions: 195 billion.
Foreign aid checks in between 20 and 25 billion.
Earmarks? 17 billion.
(These stats can be found all over the Internet at all sorts of nonpartisan places. You can dislike them, but you can't quibble with them.)
If every earmark and all bits of foreign aid were eliminated from the budget every year, we'd make a hole in the overall debt of less than one-third of percent, which would be instantly gobbled up the following year by the interest on our new debt anyway. That's assuming we kept tax rates stable.
The government (federal and state) receives about $3.34 trillion annually in taxes. The debt has grown by at least $500 billion annually since 2003.
We need to pay more taxes, or we need to tell our seniors and our poor to forget half their entitlements.
Or we could not go to war, ever. Or defend ourselves against anyone, ever. Or provide any basic services, ever.
Only a combination of higher taxes and lower benefits, or simply higher taxes, will save the nation from insolvency, followed by skyrocketing interest rates, followed by partition of the United States of America.
I like America. I love America. I don't wish her death. I'd like my
grandkids to be Americans, not
Pacificans.
Either way, if we want the country we have, we're going to get higher taxes. And if that's going to happen, I'd just as soon we were the kind of people who support their citizens appropriately in their infirmity and old age.
I am completely,
unapologetically requesting to have my taxes raised as soon as possible. Well, not just mine.
Everyone's. Mine don't stand much of a chance in a cage match with a $20 trillion, $30 trillion, $60 trillion national debt. (We're at 13.4 trillion
and counting.)
I'm not poor. I won't win some sort of personal mini-lottery from a system that ensures survival of the safety net.
I'm also not rich. I can't afford a lot more in taxes. I can barely afford the ones I have to pay right now.
I'm also not at all bothered by the prospect of system fraud. I believe we should catch welfare cheats and Social Security
scammers, make them perform loads of community service and fine them heftily, because I'm willing to let the police chase down the guy who does 55 mph in my residential neighborhood rather than petitioning to have the speed limits revoked.
I am bothered, now to the point of seething anger, by the notion that our present borrowing levels and deficits are OK.
I am bothered tenfold by the notion that REDUCING the government's revenue is somehow the answer. Especially when a politician says -- lies -- that we can trim the fat from a bloated budget while cutting taxes. Unless that politician specifically calls for steep cuts in our entitlements programs alongside those irresponsible tax cuts (and I mean steep cuts, on the order of 30 or 40 percent), then you can assume said politician is misleading you.
It is critical that persons with megaphones call out those who would lead America to the financial precipice. And that we call out the media for not doing its job in this arena. Its job, in this case? Forcing politicians to address the issue, but not in generalities. Asking the questions that expose empty promises and unrealistic so-called solutions.
Is my anger visible enough?
Anyway. When my debt reaches dangerous levels, and it has done so at times because my career path has been... voluptuous, those are the times I curtail my spending, rework the terms of the debt if I can, and find ways to make more money. If I don't end up doing at least one of those things quite well (and probably two at a time are necessary), I run the risk of losing my house, my cars, then being forced to skip two meals a day, and even then, I might still be crushed under the consequences if I'm not careful.
While I realize personal finance guidelines don't always apply on a national scale, the moral from the previous paragraph is that there is a limit to how much debt you can handle without it crippling you. If one individual finds that tipping point, trips over it carelessly and is broken by the circumstances, that's a tragedy. If that were to happen to a whole country, we'd need a new word to describe such an inconceivable event.
Why would we even want to come close to that point?
I will enthusiastically support an influential politician who realizes I can handle the truth, then tells me something like this:
"The days of easy entitlements are over. Financial realities dictate that we must cut benefits and raise taxes, or risk our very sovereignty. Prudence dictates that we start down that road sooner rather than later.
"I wish it were not so, but wishing won't make the facts go away. I am no longer willing to pretend that a crisis does not loom on the horizon. Please join me in an era of sacrifice that will strengthen the long-term financial prospects of the Unites States of America while preserving the principles for which she stands.
"If you want to be mad at me for telling it like it is, go ahead. But I'm going to be part of the solution, not the problem, and the solution incorporates, without a doubt, higher taxes for all Americans. My hope is that you, whether you consider yourself liberal or conservative or in between or neither, that you will journey with me down the road that saves our very nation. Thank you."
Of course, I'm not holding my breath.