USA National Debt was $ 26.708 trillion on 01 september 2020. Well let us write about $ 27. trillion on USA debt.
Before or after according to the point of view to take as available priority to analyze for your ponderation :
"The federal government collected revenues of $3.5 trillion in 2019—equal to about 16.3 percent of gross domestic product (GDP). Over the past 50 years, federal revenue has aver-aged 17.4 percent of GDP, ranging from 20.0 percent (in 2000) to 14.6 percent (most recently in 2009 and 2010)."www.taxpolicycenter.org/briefing-book/what-are-sources-revenue-federal-government#:~:text=The%20federal%20government%20collected%20revenues,recently%20in%202009%20and%202010).
In another hand :
The size of the U.S. economy was at $20.58 trillion in 2018 in nominal terms and is expected to reach $22.32 trillion in 2020.
Reasoning : GDP 23 trillion x 17.4 % = 4.002 trillion... in same proportion GDP... expected to collect on 2020 ;
There would be : [$ 4. trillion (2020) / $3.5 trillion (2019)] a 14.3% increase expected in tax collection in 2020 at the same fiscal pressure.
In the current situation framed by the Classical Economy, there is no hope of success to pay USA debt, unless it evolves politicaly impulsed towards an Economy with 4 gestures (containing an investment substitute) adapting it at structurally to the Internet space.
At the end after lacking 30 years the Internet factor has to be treated by the Economy Principles.
We propose here to add an investment substitute to drag infinite wealth from a virgin space. It would be "datevaluation practice" which inserts adapted principles with this fourth economic gesture :
1. works in cash phase giving folks (economic agents) the ability to revert digital savings in cash, at any time ;
2. adds the savings time at the saved money, running into Internet marked-webspace at the economic-agent name ;
3. gives cash-sharing-cash production and daily results distribution of a cash production stream to remunerate folks able to create digital savings piped to US Federal Reserve for Universocial Sovereign Anchor ;
4. generates capital gains in a time market : TOM The Time Owned Market at New York.
Because the Economy is made by people with their motivations on their activity seeking wellbeing ;
Because the Classic Economy contains 1 trilemma :
Because people have to get an a mode to make capital gains without taking investment risks.
The money you spend, you don't save neither invest ;
The money you invest, you don't spend neither save ;
The money you save, you don't invest neither spend.
The money you timevaluate (by datevaluation into Internet space) contains all 3 others gestures, solve and increase self performance.
. folks don't invest because it's a risk practice for experts ;
. folks don't save because bank system don't remunerate ;
. do you think an Economy may go on with folks just consum ?