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Old 07-18-2011, 07:59 AM   #7
JohnR
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Quote:
Originally Posted by RIROCKHOUND View Post
So.. did anyone do it with spending cuts alone????
No, but it could be. As opposed to adding taxes, which isn't enough. When I added the maximum taxes possible I could only get to 87% without cuts. Though i could eliminate the spending deficit purely through cuts.

Clearly, the most reasonable approach is a balance of cuts and adding some revenue. I'm personally for getting 2/3rds through cuts and 1/3rd through revenue but the cuts have to be first - we can't afford it any other way.

The middle class is getting squeezed, and if this problem is to be solved with raised revenue it will be on the backs of the middle class. We can't afford that. i can't afford that.

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