“If you think the increased revenue from Taxes will go to pay down the debt, you are truly foolish. It will go where all our money goes...to support spending programs. And that all.”
No, actually the linkage between spending and revenues left the station with Obama. If they want a program, they will push for it, and the size of the deficit will have ZERO IMPACT. So yes, if we increase revenues, the money might get spent, but it would have been spent anyway - so we still come out ahead, with a smaller deficit than we would have otherwise had.
In other words, it’s time to PAY UP for the services that WE DEMAND from the government, with “we” being many, if not most, older FReepers.
Congress has no history reducing spending, only spending more and more.
All this may end up being a mute point, as a collapse will likey happen
before any real cuts are made in the future.
Decades and decades of grand bargains by both sides, past and present
gave brought us to the brink.