Quote:
Originally Posted by JohnR
[*]Some people want to drastically cut spending - which means jobs - .
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The feds spent $500 million on Solyndra, which promptly went out of business. Not all spending is smart enough to create jobs. And that spending needs to be paid for at some point.
I don't "want" to cut spending. But I don't want to leave our kids with an bill for $50 or $60 trillion that they had no part of. And unfortunately, the math shows unequivocally that we will not solve this problem with tax hikes. Responding to a $50 trillion hole with tax hikes, seems to me, like making the beds on the Titanic while it's sinking. Maybe it makes some people feel good, but it doesn't address the problem.