Comment Re:A trade balance requires an equal population (Score 2) 260
Even if the US had free healthcare, and full social protection in the form of welfare and food stamps, for every citizen, and provided free higher education for everyone, it wouldn't spend even half of what the economy generates, much less *more* than it generates.
How do I know? Nations which generate less money per capita do this, and it doesn't cost more than their economy generates.
There is no need to tax even remotely as high as you suggest to afford infrastructure, health care, education and social services. And it also wouldn't lead to "nobody working"; on the contrary, people who have financial security want to do things, and need money to do that, so they want to make more money.