Right now, as a country, we’re like the guy who took out a option ARM loan for a house he couldn’t afford and is paying the minimum neg-am payment every month digging himself in deeper and deeper.
Like it or not, there are two solutions – 1) raise taxes so we can pay our bills, or 2) cut all social and military spending to the bone to make ends meet. I doubt #2 is politically feasable, and in any case, the depths of the cuts needed are probably enough to cause more problems than they would solve (for example, it’s not like doctors would stop treating people if medicare was completely cut out…but it’s very likely that a lot of people who medicare used to cover would stop going for preventative care and only show up for ER treatment when a major emergency happened – and those are VERY expensive).
Yeah, our government is hideously inefficient when it comes to spending money – but it’s our government, and with all it’s flaws it’s a better government than most have. It’s a necessary evil. I doubt anarchy would work, and, frankly, we already tried laissez-faire capitalism (last century), and found out that leaving all the regulation up to the capitalists themselves, and all the social programs up to charity, didn’t work out very well either.
