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It's obvious that the Republicans and Democrats TOGETHER can't do it. Either party has things they'd be happy to cut (extra healthcare, extra military, extra ta
by slurgfest 14y ago
It's obvious that the Republicans and Democrats TOGETHER can't do it. Either party has things they'd be happy to cut (extra healthcare, extra military, extra tax cuts) - it's the combination of both together that are making the deadlock.
Also, it is mathematically as much a problem of not raising revenue as it is a problem of cutting spending. Strange that you did not mention this.
It isn't at all obvious that the level of the national debt is the only issue influencing the dollar's usage as a reserve currency.
- deleted 14y ago[deleted]
- nazgulnarsil 14y agoyes, the solution to wild spending is always to cast a critical eye at how to extract yet MORE of the US GDP to spend on garbage.