Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (99275)	2/1/2011 7:55:14 PM
From: TideGlider	Read Replies (1) \| Respond to of 224737

Is that something everyone doesn't really know already?

To: Kenneth E. Phillipps who wrote (99275)	2/9/2011 5:58:56 PM
From: TimF	1 Recommendation Respond to of 224737

No spending cuts will do it, quite easily if their actually enacted, and apply to all categories of federal spending (although getting such cuts enacted in the first place is of course anything but easy). You don't even need to cut spending, just restrain its growth (which will be called a cut but isn't one). If you freeze top line government spending you balance the budget fairly quickly. Even if you allow adjustments for inflation, and population growth it won't take all that many years. The problem is we spend too much. Spending has more than doubled from Clinton's last budget, and it is projected to continue to increase. Stop that increase and even with some measure of additional tax cuts we should have no problem balancing the budget.