You're right.
I don't understand why the President continues to pander to the part of the Democratic Party that refuses to discuss spending cuts in a meaningful way.
He doesn't need their votes, and in 2014 they're not about to run to the Republicans.
He's overplaying his hand.
And the hard right that would not even discuss revenue as part of the solution are just as useless. Our generation created this problem and we have to fix it. And that means we have to cut up the credit cards and pay down the balances.
Somwhere, somehow, these people need to start behaving like adults and get serious about what we've done.
Passing this problem on to our kids is reprehensible to even consider.
I'd like to see them go back to Simpson Bowles as a starting point. It really was a good idea, too bad no one pushed for it after it didn't get the votes it needed the first time around.
People blame the far right, as in Tea Party members, for not wanting to increase taxes. And the reason they do not want taxes increased is because they know the government will only spend it on more programs. Our government has a spending problem, not a revenue problem. When the spending gets under control, we can start balancing the budget with both taxes and spending.
I actually agree with you on this. I'm against taxes going up until they get serious about spending. But both sides need to be in play to get the debt down.
Ideally, we bring the budget into balance going forward and require it to be in balance each year. Then any new revenue should be dedicated to paying down the debt and taking care of the debt service so it isn't part of the budget any longer. Once the debt is taken care of, that revenue stream is no longer needed. Of course, that would be ideal.
I think she's got one part wrong. Obama is already following his beliefs. He's following them in a die hard fashion. That's why he refuses to make any serious spending cuts. He wants more and more spending, not less. He wants lots more taxes. This is why fiscal calamity will only be papered over and delayed, not stopped. It probably won't happen during Obama's term but if we keep on as is, it will happen.
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