I would thrilled if they could tread water for thirty years and not pay down anything. Heck, I would be thrilled if the trend line is half the incline it has been on. Instead, the readily accepted excuse is the problem is just too big to try to solve, so keeping spending and let the good times roll.

You can read all sorts of plans and explanations on the internet, but it isn't politically viable. Increasing taxes and decreasing spending make catchy political slogans, but no poly is really serious. The economists have discovered they were wrong about how much debt we can incur without seriously hurting the economy. ( One study they relied on had a spreadsheet that wasn't footed correctly). Look at Japan. Japan's National Debt is ~263% of GDP. I'm not sure what is happening with Venezuela. The US is ~130%. Trump increased it a lot with his tax cut for the better off. But there was also a pandemic. Reluctantly, I finally agreed that Reagan really hurt us.

Whatever we do we can be sure that the haves will watch out for themselves.

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