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richardhutnik on 30 July 2011
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thranx said:
SecondWar said:
PizzaFaceGamer said:
Bong Lover said:
You should be ashamed of just biting on propaganda without bothering to check the facts.

I recommend checking how much debt was actually added by the various presidents.


Already DID check the facts. 

Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data

Accounting for inflation? 

Speaking as a Brit and as a non-expert so I may not know the finer details, continually raising the debt doesn't look like the solution to anything. If all you do if raise it everytime you reach it, whats the point of even having one? A limit is just that, a limit! Both sides are still fighting for their own causes and failing to compromise. Feel they need to accept that they need to make a few (potentially) unpopular decisions like raises taxes and cutting speanding (in suitable areas), but as far as I can see, both parties are still fighting a popularity contest rather than actually governing. 

The problem is not a revenue problem. Its clearly a spending problem. Taxes do not need to be raised, the government needs to make massive cuts in spending and focus on what it is there for, protection of its citizens from others, and stop with all the social programs that take away an individuals choice in how their life is run.

As a percentage of GDP, federal tax revenues are at a modern time low.  They are under 15% of GDP.  They normally hover over 18% .  Besides this, what the heck do you mean, "not a revenue problem"?  You think that the fact the economy is sluggish is NOT a problem?  You don't believe if the economy were going, that there would be less of an economic problem?

And the tax cuts have not work.  Since 2001, non-government hiring has been pathetic.  There definitely is a revenue problem.  And stop with all the social programs that take away an individividual's choice of how to live line.  Do you mean choices where they decide what days of the week they should go without food?  By having social programs, people no longer have to pick what days to not eat, because they get to eat every day.  Of course, in a perfect world, citizens would do this voluntarily, without government.