Sounds like you don't know how to read since I never said you could tax and spend your way out of debt. I've never read anything from the president that says that either.
But you can tax your way out of deficit spending . . . which is what I was saying.
You left off "sometimes". The taxes during and after WWII were sufficient, but everyone was willing to sacrifice ALL their income for the war and the post-war boom brought fresh tax revenue. Tax revenue will decline with increases against a shaky economy. Today are taxes are higher than WWII or any other time (total tax burden). So the people, "rich" included, are tapped out. The golden goose has no more eggs so Obama will make gooseburger.