View Poll Results: Do we have a spending or revenue problem when it comes to the debt?

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  • Spending problem

    21 55.26%
  • Revenue problem

    0 0%
  • Mostly its a spending problem and some its a revenue problem

    8 21.05%
  • Mostly its a revenue problem and some its a spending problem

    5 13.16%
  • other

    4 10.53%
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Thread: Do we have a spending or revenue problem when it comes to the debt?

  1. #1
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    Do we have a spending or revenue problem when it comes to the debt?

    Do we have a spending or revenue problem when it comes to the debt?
    All votes are public so not cheating.

    Spending problem
    Revenue problem
    Mostly its a spending problem and some its a revenue problem
    Mostly its a revenue problem and some its a spending problem
    other.



    I say its a spending problem and I believe raising taxes would only encourage the government to spend more. Every unnecessary program cut, overlapping agencies should be gotten rid of and we should make cuts to as many things as possible. Raising taxes should be the last thing done and avoided at all costs.
    Last edited by jamesrage; 07-12-11 at 02:22 PM.
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    Spending problem.


    You can spend an infinite amount assuming limitless debt but you do not have unlimited resources.

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    Re: Do we have a spending or revenue problem when it comes to the debt?

    100% a Spending problem........

    ........and a "Democrats only want to spend more" problem.........
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    6 in one, half a dozen in the other. As we progress as a society and decide to enact certain legislation and benefits such as Medicare or a true universal healthcare system, you have to pay for it. On the same front, the government spends a ton of money and a lot of it goes for things which do not serve the People as a whole. It's not a Republican or Democrat problem as this has happened continuously over their decades of rule. You're not really going to solve it by say putting in all Republicans. They do the same thing.

    In the end the problem is the difference between spending and revenue; that difference will have to be made up and it's probably not all going to come at the hands of cuts.
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    I feel its mostly a spending problem. With the down turn in the economy, unemployment up, some business going under, revenue may be down. While its not at the national level, the small town I live in relies on sales tax for much of its revenue. That is way down, so changes in budget (spending) has had to be done to balance.
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    Regardless of what the problem is, the solution is to cut spending drastically, and increase revenue until we've brought spending fully under control.
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  7. #7
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    Both. We have record low tax rates and record high spending. I doubt we can fix the problem without an increase of taxes and a reduction in spending.
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    Quote Originally Posted by roughdraft274 View Post
    Both. We have record low tax rates and record high spending. I doubt we can fix the problem without an increase of taxes and a reduction in spending.
    I agree on the cut spending. The issue is how to increase revenue for those that see a need. For those that are living paycheck to paycheck an increase in taxes may push them over the edge into insolvency. I major overhaul of our tax system needs to be done and not just change the rates.
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  9. #9
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    Quote Originally Posted by mike2810 View Post
    I agree on the cut spending. The issue is how to increase revenue for those that see a need. For those that are living paycheck to paycheck an increase in taxes may push them over the edge into insolvency. I major overhaul of our tax system needs to be done and not just change the rates.
    Oh definitely, the tax code is s**t right now. We've got soo many loopholes, exceptions, special cases and other things, its freaking ridiculous. We need a simple proportional or graduated tax rate. And since corporations are "people" just put them into the same system, and create new tax brackets for those making upwards of, say, one million, 100 million, etc.

    If we're doing that, I think we could just go with a simple proportional tax rate, graduated would become too much on the higher brackets.
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  10. #10
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    Re: Do we have a spending or revenue problem when it comes to the debt?

    Depends on how you define 'problem'.

    I don't have a problem, for example, with small government and low spending, but it requires all levels of the economy practice values that are congruent with the moral and civic virtue every country needs to survive, all the more so if that country is a republic. There have been times and places in American history where such an arrangement existed, but it isn't the case now.

    Presently, free trade treaties and corporate welfare (both results of globalization) have empowered America's higher income brackets to obtain heights of wealth unprecedented in human history, and judging from their post-recession actions, they are determined to keep multiplying that wealth regardless of the consequences; however, the economic and political policies that enable the acquisition of such wealth are inherently unstable, pushing the middle class into poverty (from loss of jobs and stagnated wages) and requiring the government expand welfare services to compensate for the lack of productive Americans (that is, to prevent civil upheaval from upsetting our economic and political system).

    I consider that a sub-par arrangement; it creatures a weak and morally depraved cultures among both the middle class and the higher-income brackets, and in the end will destroy the United States as a superpower.

    That's what you get from putting merchants and merchants' lawyers in power instead of warriors and scholars.

    As far as the terms of the poll question can represent my opinion, I choose 'revenue' over 'spending' because high spending is required in the present economic-political system. Changing that requires altering the relationships that make up the system.

    But since lack of balance is a problem, I'll add 'some spending' to my answer as well.
    Last edited by Morality Games; 07-12-11 at 04:24 PM.
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