[jeffc]

I'm seeing so many Chicken Littles and NIMBY people on FR lately when there used to be so many complaining of the debt and how bad it is for the economy, and how we're going to pay for it, and how it is going to be so hard on everyone when we finally do.

Personally, I'd like to see less spending from the feds, but I guess some tax increases are needed (for now).

[central_va]

Jeff,

Increasing taxes DECEASES federal revenue. There will be no net gain in Federal receipts because of this. Tax revenues are tied to whether the economy is growing or stagnant. Just look at the historical data. Federal receipts increase year over year unless there is a recession.. Tax rates are meaningless because the Congress has put all taxpayer on the right side of the Laffer Curve’s inflection point.

[9YearLurker]

Are you serious—tax increases?

And government spending should be slashed—from the feds on down to the local level.