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Comment Re:Translation (Score 1) 954

If there's no money, you stop spending.

That's the way it works for you or me, but that's not actually how it works when you can print the money. There is no connection now between how much they bring in, and how much they spend. Whatever they don't get in taxes, they just borrow or print to make up the difference. I agree that they need to stop spending. Let's start by cutting the defense budget in half. See how many republicans you can get to agree to that.

Comment Re:Bipartisan support (Score 1) 548

I don't agree, raising taxes will just exacerbate the problem. Not because it wouldn't balance the budget, but because it just 'enables' more of the same behavior..

I used to believe this too. The republicans call it "Starving the beast". It doesn't work. There is no connection between taxes and spending that I can see.

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