Steve's Barking at the raising of the debt ceiling.

Ah the debt ceiling has been raised , one doesn't know if the doomsday scenario would have happened.
What's the worst that would have happened? There would have been a revolution?  People wouldn't have been paid, such as me and the army? I don't have a clue what would have happened. What I do know is that this country debt will be harder to pay. I'm going to make a statement that will seem very oxymoron, the more you cut from the budget the harder it is to pay it off. One may ask how F*** is that possible?
Let me try to answer that with a little logic, the more money taken out of the system the less money people have to buy things and pay their bills, thus creating a contracting economy. The economy gets smaller, less taxes, the more you have to cut eventually we have no economy at all (not really).
Now lets exam if you tax the rich more, wouldn't that have the same effect of reducing the economy by taking money out of the economy. Let me put it this way, how much steak can one eat.