Quote:
Originally Posted by ARealConservative  How reastic is it to put all our emphasis on the revenue side of the equation?
Our entire focus needs to change in this regard. Focus on how much we have to spend and determine what is essential and what isn't.
I know, I know. Not realistic. What is realistic isn't very comforting though - consider nothing except an increase in taxes. |
I definitately agree the Govt needs to cut spending. But what to do until that happens? Keep running up the debt?
I reckon if taxes were raised enough to cover spending, and people felt the cost of the spending including the wars which now are painless to tax payers, you'd see a whole lot more focus on what the government is spending.
As long as the Govt just keeps borrowing from China, there is no pain to taxpayers and therefore no incentive to cut spending.