[Worldtraveler once upon a time]

--- "...keep in mind that we can finance our public debt -- most of which is due to Medicare -- because (in part) our large military and willingness to protect other countries help to make the dollar attractive as the primary trade and reserve currency."

Have you checked on the current yearly debt service payment as a percentage of the yearly taxes collected, and as a function of the overall debt?

Additionally, how do you foresee reigning in debt, given its massive growth from 2000 to today?

[Rockingham]

US and global debt are at dangerous levels, yet the US military and the dollar’s privileged status give us a fair prospect of serviicng that debt if we get current public spending under control.