Market Logic Tells Us Middle Class Won't Pay Off National Debt

The $37 trillion national debt will not be paid for by America’s middle class. How we know this is the $37 trillion in debt itself, along with the accepted truth that soon enough $37 trillion will be $50 trillion and more.

The national debt is poised to soar to $50 trillion and beyond not because the rich aren’t taxed enough (left), Democrats spend too much (conservatives), not enough entitlement reform and taxes that are too low (libertarians), and not enough tax revenue because of tax rates that are too high (supply side happy talkers).