Quote:
Originally Posted by waynet
Richie,part of solving the problem is to lower spending that I agree. However I do believe that eliminating the tax cuts of 1992 would really help to solve our problems. I just dont see us getting out of this by only cutting,the special interesta will not allow it.
I honestly believe that our government is owned by private insurers,defense contractors,big banks and big oil.These industries care nothing about America only profits.They will not allow the cuts that need to be made.
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Well, in light of the unprecedented and unbelievable spending by Obama which has accumulated more debt in 3 years than all previous Presidents combined in the history of this nation, you are probably correct in that we cannot get out of this freaking mess expeditiously with spending cuts alone.
But, I would not raise a penny's tax without massive, and I mean massive, cuts in spending. We're talking spending cuts in the trillions of dollars. How?; I don't know exactly, but if they were able to figure out how to spend it, they can figure out how to say....."Sorry, we really can't do that anymore".