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Old 06-12-2011, 04:00 PM
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We de-taxed our way into it. The Bush tax cuts may have been a good idea 10 years ago but they should be abolished now. Debt is a %age of GDP. Under 60% is more or less stable. Ours is in the mid 70's If all we did was get rid of the tax cuts the ratio would be under 60%,still bad but manageable. Debt equals 11.8 trillion-of that more than half or 6.2 trillion was added because of lost revenue. These are the FACTS. Unfortunately we no longer live in a fact driven world. Our politicians are just not honest with us,they are all bought and paid for. It makes me sick when I see the cuts that are proposed and excuses are made to leave the wealthy alone. I thought cuts to the rich would create jobs. Nonsense,it is now and always has been. The rich KEEP their money.