|
Yup, spending needs to be reduced across the board, and taxes need to be increased until the debt reaches a manageable level. It does not require anything dramatic, just a sustained effort over a couple of decades to bring revenue and spending into alignment. All the current screaming is pointless; the sky is not falling. The debt has been high before, and it will be high again. It's about time to start making some adjustment and turn the corner.
|