Years ago I read a book (I believe the title was Coup D’Etat).
The author listed some of the reasons why a government is overthrown. You would not be surprised to hear one was over taxation.
He pointed out there is no clear point when the population turns to violence against their government when they are over taxed, but does point out there is a point. A wise government tries to stay below that point.
A stupid government does not care and will keep raising taxes regardless of what the population says. Stupid governments do not stay in power long (relatively speaking).
We are not in our current financial mess today because of lack of money going into the treasury. It is because our government is spending more money than it has coming in.
There are two solutions to this.
1. Raise Taxes (which the progressives wants)
2. Cut spending (which the Tea Party wants)
The progressives have big media, the Democrats, the unions, the welfare people, the universities and so on, on their side. A very powerful group.
The tea party has history on their side. They, the Tea Party, will eventually win because history indicates that progressive can not win.
The problem for us is how badly will our nation be hurt before the progressives are swept away into the dust bin of history?
The old Soviet Union provides some hope. They, unlike us, did not have a long history of capitalism, but they picked it up quickly enough.
(As a side note, it is interesting to see that religion is making a comeback in the old Soviet Union as well). This tells me a powerful government can keep someone from talking about their religion, but it can not change what is in a person’s heart.)
1. Raise Taxes (which the progressives wants)
2. Cut spending (which the Tea Party wants)
The problem is, they can't do #1. They can raise the rates, but the revenue won't increase. Revenue will stay at about 19-20% of GDP max, as it has in recent history. The only way to raise revenue is to increase GDP, and not artificially with increased government spending. The only way to grow GDP is to cut taxes, decrease regulations and let the private sector do what it does unencumbered by government. But, they won't do that. Neither party is willing to decrease the size or power of government, so #2 is out and doing the things that would actually result in #1 are out. So, the deficit will continue to grow, until it either collapses or enough people recognize the problem and vote out politicians and put in people like the Tea partiers in large enough numbers to actually have some effect. I predict the former.