There is not enough wealth in the entire country to pay off the deficit if you took every penny that everyone makes. You can not tax your way out of a deficit the size of ours. The only solution is to STOP SPENDING!
Heh heh heh, it's like kicking an ant hill LOL
Anonymous
Favorite Answer
All of you are children. Deficit and debt are two different things. Everyone above me who answered is a moron. NOT A CLUE.
tribeca_belle
Clinton raised taxes and cut spending. He had balanced budgets. He even had budget surpluses. Reagan and Bush ran up tremendous deficits and debt. What about that don't you understand? The Republicans that you support are lying hypocrites. Also, Republicans never have anything worthwhile to say about what spending should be cut.
Furthermore, I don't want to hear anything more from hypocritical conservatives about deficits after this stunt the Republicans pulled in holding middle class tax cuts hostage in order to protect tax cuts for the wealthiest. The deficits could have been reduced with a sensible approach but obviously you and your fellow cons would rather just criticize, as usual, and not do one rational thing to address any major issue, including the deficits.
Chewy Ivan 2
Maybe around the same time that conservatives understand that our budget and debt issues are much too big to be tackled with spending cuts alone.
Until conservatives are ready to get serious about tax hikes, there is little incentive for liberals to get serious about spending cuts. The only solution is to STOP SPENDING and STOP CUTTING TAXES FOR THE SUPER-RICH!
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Why can't conservatives understand that a spending freeze is what drove the depression into a state of "greatness"? Why can't conservatives understand that the deficit has decreased by 125 billion?
Anonymous
We DO understand this. That's why Obama CUT the 2010 deficit by $125 BILLION.
"BO estimates that the federal budget deficit was slightly less than $1.3 trillion in fiscal year 2010 and $125 billion less than the shortfall recorded in 2009. The 2010 deficit was equal to 8.9 percent of gross domestic product (GDP), CBO estimates, down from 10.0 percent in 2009 (based on the most current estimate of GDP).