How did USA become such a messed up country?

[Topsy]

"Just because the money doesnt exist does not mean it cannot be paid off."
I want everybody to reflect on this line for a minute.
The people making "millions a quarter" do so because of a little thing called capital investment. They're making that money because they bought that house for you and you're going to spend your entire life paying it back with interest. Now, if they were to spend that capital on the national debt, you lose your house and your stupid family rots on the streets. Not paying the debt is the only way to sustain our standard of living because all the money that exists in the system is a consequence of debt.
In terms of the rankings, we are basically third world. It's just going to take a few years for the whole thing to collapse and the standard of living to drop to its rightful place. I'll be in Norway in 2 years so good luck here everyone.

If people making "a million a quarter" gave more income tax, it would have zero effect on you possessing a home. Pay to executives of fortune 500 companies has grown considerably the last 50 years, having almost no correlation to the change in profit created by the companies that those executives work for. It may affect discretionary spending on the part of the executives, but the companies themselves would maintain the same portfolios(maybe a few less 20million dollar homes, which is a real thing)

As for share holders of the major companies that buy you your house, most of them are conglomerations of people in funds who have no interest in you owning the house at all, as those are often inestments that exist for 30 years or so, and they are very unlikely to hold that stock for even a fraction of that amount of time. Regardless, taxing the incredibly wealthy investor will affect his discretionary spending, not his investment spending. This will obviously have the effect of negatively impacting those sectors he would normally spend money in, but the effect of that isn't nearly as far reaching.

Norway, btw, isn't too bad of an example of how much a progressive tax structure in which funds are used for high impact investments into the value of the citizenry(health care, education) destroys your country(answer: not too much).