Maybe you think differently, but I’d rather have the cuts than have a tax increase on “the rich”.
Ha. Completely understand that.
I don't want to see any more taxes. Even the payroll tax increase on Social Security is already slowing down the economy. The decrease in defense spending by 22.1% last quarter help put the nation's economic growth into the 0.1% negative territory.
What the nation must do is reform entitlements.
The problem is, there are millions upon millions of citizens who get them (both earned like Social Security and unearned like Food Stams). Everyone who gets entitlements wants them to continue, and does not want them cut.
So....here we are. In a very bad place.