Whatever other problems we have, Islamic terrorism, the rise of the surveillance state, uncontrolled immigration, the unchecked power of the Executive branch, it is the purely mathematical equations of the economy that are going to break us.
The national debt is $18 trillion and the current unfunded liability of the United States is almost $100 trillion. Here's the running clock. Go and look at the numbers, watch it for 30 seconds or so, I'll wait.
Politicians don't talk about it because no one wants to face it. Nobody is seriously talking about fixing the problem. We might could still prevent a total catastrophe, I'm not sure if it's still possible, but we aren't going to, we aren't even going to try. We're continuing to pretend that the U.S. can't fail, is too big to fail, that someone will magically solve this problem and life will continue like it has for the last 70 years.
It could be fixed. Balance the budget this year. Stop spending money that doesn't exist. Every federal department gets the same percentage of the budget as they do now, but the actual amounts drops so that expenditures match collections. Next year it drops to 5% below collections and that 5% goes to start paying off the debt. The year after, 10%, where it stays until we have reconciled the debt. After that, it drops back to 5%, where we begin to build a treasury.
At some point, if Congress want to start eliminating expenditures and rearranging the way money is allocated, well okay, do your jobs. But the total remains 10% below intake until there is no debt.
It will never happen.
I am perfectly happy to compromise and work with anybody: Republicans, Democrats, Libertarians - I'll work with Martians if - and the if is critical - they're willing to cut spending and reduce the debt.