I wish that we’d see real spending cuts, including shutting down all federal funding to local governments. ...don’t have much faith in politicians, though, or their favored constituents (government employees, government-dependent businesses and globals behind regulations for preventing new domestic competition).
Thus, my desire to see consumers decrease spending, until we have the opportunity to rebuild (at the end of the default process).
well the cuts have to come. Raising taxes won’t procure any cuts. Changing tax policy to favor producers over consumers will help things in both the short and long term. I’m actually confident that even as the overall burden goes down, the government revenue won’t go down much. The more incentive a person has to work hard and get ahead the better off everyone else will be.