### Comment:
The government will literally never cut spending or increase taxes because whoever is responsible for it won't get reelected. The only time it will happen is when the future repercussions are both close enough (within 4 years) and large enough (massive recession) that the government will take action to get their shit under control. And when they do that, they're going to have to both raise taxes and cut spending. So yeah, everything really is going to shit.

### REPLY:
Maybe. Unless there are actual Congress critters who only care about populism. If a bunch of bernie Sanders types end up in a tea party position i could reasonably see a massive personal tax on the wealthy.

### END.