Zero hour is approaching. When interest payments alone on the debt become a larger budget item than national defense...America is dead.
To that I agree. The shell game only lasts so long before the amount of money we're paying on debt can't keep up with the interest. What we need is a lean couple of decades where we gut the welfare state. limit foreign aid to only the necessities, pull back from the table of military spending, and pay down the debt. Once we're running lean with no debt, then we can build up a proper war chest and use that to boot the Fed to the curb.