Do our leaders know that the deficit is NOT unsustainable?

[talkingmime]

28. Bingo. It's primarily a lack of revenue problem. The F-35 could be considered a waste of spending.

But the point is that we need more revenue to sustain a stable economy. If they simply eliminated the cap on FICA we'd be in good shape. I have to pay 15.whatever percent of my income on self-employment income and 7.6 or so on salaried income. Why doesn't everyone have to do that? If you're making millions of dollars, $110K or whatever it is doesn't mean squat. It's like dropping a penny when you take out your car keys and leaving in the parking lot for some kid to find. Taxes on the highest incomes are at or almost at the lowest rate they've ever been.

And yes, the sustainable deficit is in an acceptable range, but making the ultra-wealthy pay their fair share could very possibly eliminate it completely and not just get us to an anual surplus like Clinton did for two years but put money in our long-term coffers. Congress is owned by the robber barrons.

Edit: I changed my mind. The F-35 can't be considered a waste of spending. It simply is one.