This is one that does not require a professor in economics to explain, even a lowly financial advisor can do this one.
Originally Posted by DodgersFan28
If you wish to posit "an endless increase in debt" then juxtapose it with an endless increase in GDP. The debt in and of itself is not a problem, it is a problem as a percentage of GDP.
Here is the question of the day, does anyone think that wealthy people should pay a lower percentage of their income to taxes than middle class people? Don't argue tax brackets, just a simple question. Do you think someone earning 46 million dollars should pay a lower percentage of their income than say someone earning sixty thousand?