Quote:
Originally Posted by Hatterasguy
Bad.
Fixing it is simple, the government needs to bring the budget into balance threw reduced spending and increased taxation.
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X2.
All this complaining about Obama and people forget that he proposed a cutting of spending only with an increase in tax, and could not get congress to meet him halfway. He would not do one without the other and could find not common ground. However, his attempts were not good enough and its back to business as usual for everyone involved, him as well.
Everyone knows and understands the solution were this personal finane, but a large part of our government still subscribes to an asinine economic theory that is blatantly unworkable, and would rather see this country slip down the rabbit hole rather than expend the political capitol to do the right thing.
these people are so used to buying votes through promising more services and less taxes and borrowing the difference, that they've forgotten how to be actual statesmen. I think the American people are ready to assume some hardships to get rid of the debt. Personally, ill pay more tax, ill be comfortable letting our infrastructure turn to shlt if I can be shown the debt is being eliminated. The next true statesman who appears will get my vote regardless of party, if they face this problem.
Let every road in the country turn to dirt, if the debt is shrinking, if I blow tires every week, ill still be happy. Everyone will get a tax cut when its gone, the massive part of government revenue going towards interest payments will be available for other things