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+--- Thread: deficit question: do we have a revenue problem or a spending problem? (/thread-53440.html)
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deficit question: do we have a revenue problem or a spending problem? - carathon - 01-16-2013 04:32 AM
- Sadcat - 01-16-2013 04:40 AM
Yes.
We have both. Those are not mutually exclusive alternatives.
- IceT - 01-16-2013 04:40 AM
Both!
- The Truth Hurts - 01-16-2013 04:40 AM
Both...
- Joan - 01-16-2013 04:40 AM
Both. We need to raise revenue and cut spending. The problem is the children in Congress are more worried about their party then they are American citizens. They have to compromise..all of them.
- George B - 01-16-2013 04:40 AM
If you have a deficit the only possible answer (or at least an honest answer) is that you have been spending too much. That is the only way a deficit is created.
<added> negative votes???? Now there is a demonstration of the liberal's inability to understand even the simplest economic situations. No wonder we have financial problems.
- Davros - 01-16-2013 04:40 AM
Both. We would be in better shape if the Bush tax cuts had never been passed. They were unnecessary.
- Discover - 01-16-2013 04:40 AM
The government has a spending problem but we are the ones handing them the money or letting them endlessly print and borrow so we deserve whats coming.. if not we'll change things. The truth is the federal government needs to be small. I believe it should have 3 jobs - Providing a sound currency. - Military/National Security. - Protecting INDIVIDUAL rights across the board meaning that there should be no punishment for any group and no privileges.
- David - 01-16-2013 04:40 AM
We bring in more tax revenue than any country in world history and have the highest coporate income taxes in the world. Do you really think revenue is the problem?
If the government was limited to the powers it actually had in the constitution, the entire debt could be paid off in under a decade.
- ? - 01-16-2013 04:40 AM
Billions and billions are paid into the Government and it goes through the hands of the Federal Reserve. The Federal Reserve is not a Government department, it's not even American. Obama allowed the US Treasury to be looted by the banks of the World. It's pointless to think any of these bastards have interest in what's right for America.
Most of our money paid in is siphoned off each year and they always want more. We are slaves to there tyranny.