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.

You really need to understand the debt. Most of Obama debt has come from Bush policies.  Obama hasnt been able to kill the Bush tax cuts. The wars in Iraq and Afghanistan couldnt just be stopped cold turkey. The recession which began in December 2007 and accelerated in 2008 and peaked in early 2009 and the economy is only slowly coming back.  So the graph below shows the long lasting projections of additions to the debt and whose policies they are from FY2002 through FY2017.  Bush responsible for $5.07 trillion and Obama for $1.44.  Also notice that $425 billion is for Tax cuts that Obama didnt want to do, but was the only way to get GOP to approve the stimulus package.  And it is both a spending and a revenue problem. Yet they arent even talking about the spending that is the worst. The US Defense spending in 2008 dollars is now double what it was on average during the cold war and this doesnt even count the extra expenditures for the wars.  The US Defense budget is higher than the next 15 countries combined and accounts for 43% of all spending on defense in the world. US tax revenue is now the lowest it has been in 60 years.

That is BS.

The debt was ok  when Bush moved to the White house.

Did he increase social programs? Nope .

He cut taxes by trillions and sent billions on making war on the wrong people......

You can just undo everything he did and go back to the balanced budget you had under Clinton..

But that would mean Republicans need to admit they are the one that drove the debt up and admitting you did wrong doesn't seem to be part of their vocabulary...

EUh. For the last three year Obama made those "BUSH" policies his own. He owns them now. Haven't you heard, it's bush's third term...

Keep telling yourself that you will be happier.

The fact you see "racist" in what he wrote says MILES about what you think and why anyone who cares to have a view grounded in reality, and not partisan, political fanboyism would actually put you on ignore.

And yes, the fact you would bring up Obama's middle name (what other politician do you do that with?) does tell a lot about you.  The said reality now is, you failr to realize most people forgot who the former leader of Iraq was.  When he was around, mentioning his middle name actually had much more shock value.  To totally complete your spin zone, you should call him Barack Hussein bin Osama.

Even money you did support John Sidney McCain.

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.

George W Bush

George HW Bush

Franklin Deleno Roosevelt

Harry S truman

Lindon B Johnson

John F kennedy

to name a few

You've obiously never heard of the idea of exponentialism. Currency devalues at an accelerating rate, the current dollar is worth around 4 % of what it was worth in 1913 meaning a devalution of 50% every 25 years or so. Learn about economics before you start ranting about stuff...

Social Programs provide a social safety net which allows people to take more chances and be entrepreneurs and once they get into their sixties actually retire.

What do I mean?

Think about what happens of the GOP got their way and replaced Medicare with a voucher system where you had to purchase private insurance. Well since private insurance is more expensive even with large deductibles you unless you are wealthy will need to continue to work. Why? Likely you will get a better deal on insurance through an employer for one, and two you will need the extra cash to simply afford the premiums and then you also have to deal with the deductibles. So this encourages people to stay working longer and that takes away a possible position for someone younger coming out of school. Well how to fix Medicare so it doesnt go bankrupt. Well 2 ways. 1 you increase Medicare Withholding from 1.45% to say 2%. Or even better expand Medicare to allow all to purchase into instead of purchasing private insurance. Larger pool of younger healthier people brings down the cost. Since Medicare isn't for profit and overhead is only 3% you the premium can be cheaper than private insurance yet have in it $ to help pay for the people over 65 that are provided with Medicare for free. This provides added benefits as well. Since people wouldnt need to get insurance from employers since they can get good coverage for less they can take chances on opening their own business. Otherwise you are at risk of something happening that wipes you and your family out. Studies show that raising age for Medicare very likely to increase costs because people are waiting on treatments when they get into their 60s already because soon they will have Medicare. Pushing the age up to 67 just means when people get in the tend to be in poorer health.