@maxdancona,
It's not just America that is in trouble - and I doubt anyone would think that a (is it about) $13 Trillion debt is anything about trouble. With a $5.1 trillion total tax revenue
http://www.usgovernmentrevenue.com/ you must be paying about 20% of revenue in interest (that's just a guess).
The ratio of Income Tax Revenue : Company Tax Revenue shows a distinctive trend :
1934 = 420:364 = 1.15 : 1
1950 = 15755 : 10449 = 1.50 : 1
1975= 122738:40621 = 3.02 : 1
2000=1004462:207289 = 4.8 : 1
2011= 1091473:181085= 6.02 : 1
So between 1934 & 2011
Company Tax has increased almost 500 times
Income Tax has increased almost 2598 times
http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=203
So the bulk of servicing the US Govt debt is paid for by the employee...but guess who gets the bulk of the benefit from govt 'stimulus' packages? Who gets the bulk of the benefit on tax cuts to companies? And you must realise that even when a country transitions from recession to growth, that those tax concessions are never reversed.
Income tax payers are effectively paying most of the tax that the corporations used to pay.
If you wonder why there is a growing divide between the rich and the poor - the growing divide between company tax and income tax should paint a picture.
That of course, is only one of the problems...another is related to how and why that divide keeps growing. It's certainly not something that politicians are unaware of.
There are plenty of other problems too.
