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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (320981)1/15/2007 8:26:58 PM
From: RetiredNow  Read Replies (3) of 1576335
 
Because that would be extreme and it would hurt the economy. Raising taxes a little bit now to eliminate the deficit and start paying down the debt will hurt a hell of a lot less than when our debt payments result in the need to raise taxes dramatically, which will crowd out alot more spending and investment than what is occurring today.

Ignoring the pain doesn't make it go away. It just makes it get worse, until the consequences are much worse than if you'd just dealt with the problem early on.
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