Quote:
Originally Posted by Danzig
just cutting spending won't have a large enough effect; i've read that numerous times. there needs to be serious reform in a variety of areas.
but who will bell the cat?
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That's true - not just spending reduction in all the places that the government spends today, but an elimination of many failed and redundant programs.
Logically, we must reverse the cycle - have spending driven by what we collect in taxes, not vice-versa. That's the way every other business in the world does it - unless they go out of business. Debt, if necessary at all, has to be bounded, at a level that is not too burdensome, and retired at the earliest opportunity.