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The future is not bright because our elected officials of both parties are more concerned about how to make sure they are re-elected in the next election than the distant future.
Everyone knows we are running full speed into a debt disaster yet they keep cutting taxes and exempting more and more income from individuals and businesses. The longer those sitting in the capitol building run up the debt, the harder it will be to fix it. Remember, the economy boomed during the President Clinton Presidency and that tax rate while paying down the debt. Congress should go back to that rate and do away with more corporate exemptions lobbyists paid for. The longer they worry about re-election, the more painful it will be to ninety-nine percent of us.
Social Security and Medicare are not being replenished by today’s workers. Again Washington knows how to fix it and most of us know also. A quick change to push the problem farther away is to remove the salary cap so all incomes pay into it whether it’s a wage or an investment. Cap all payouts to anyone with an income of over $150,000. As more robots replace humans, the human cannot pay into Social Security so a solution would be for the company to continue the social Security payment for that replaced human.
Only a duped fool cannot see global warming is here and getting worse every day. Today’s Congress is bent on increasing the country’s contribution of carbon dioxide and methane. It seems we read every day they have done something to peel back laws and regulations designed to try to save humanity from a very ugly future. The future is much worse than today.
Congressional members need to be more concerned about us than keeping their chairs.