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To: WrightWings

>> Our problem is most assuredly both. Currently, though, spending is creating the much bigger challenge to long-term sustainability for our society than the tax structure is. >>

The long term sustainability has to do with deficits, of which spending is the main (but not only) culprit. The other culprit is a dying economy which is killing revenues.

I assume you agree that the problem with government spending is that we are running up huge deficits.

Now as a business owner, I would have thought that you would have intuitively known that the only way to reduce such a deficit is by both cutting spending and by increasing revenue. We’ll NEVER get their by cuts alone. We just can’t. The hole is too big.

As a conservative, the only way to increase revenue is to grow the economy. The main goal of 999 is to grow the economy. Thus it is a deficit attacking idea just as his “10% across the board plus deep dive” plan is a deficit attacking plan.

Thus I was not projecting, but merely extrapolating that your reasoning and emphasis was not the standard reasoning and emphasis of a small business owner.


97 posted on 10/19/2011 12:20:06 PM PDT by C. Edmund Wright
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To: C. Edmund Wright

” As a conservative, the only way to increase revenue is to grow the economy. The main goal of 999 is to grow the economy. Thus it is a deficit attacking idea just as his “10% across the board plus deep dive” plan is a deficit attacking plan.”

Correct on both counts.


99 posted on 10/19/2011 3:16:27 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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