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The Euro death watch
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<blockquote data-quote="brett636" data-source="post: 978265" data-attributes="member: 249"><p>I disagree. Tax increases never end up in reduced deficits, only increased spending. There is plenty of evidence to back that up. The problem isn't a revenue problem, its a spending problem, and increasing the revenue today only gives tomorrow's congress more to spend rather than cut since spending is much easier than cutting. Not only is cutting the only solution to this debt problem, but neutering future congress's ability to spend like drunken sailors is a must as well. Major cuts across the board and a balanced budget amendment will allow us to make great strides to future financial stability.</p></blockquote><p></p>
[QUOTE="brett636, post: 978265, member: 249"] I disagree. Tax increases never end up in reduced deficits, only increased spending. There is plenty of evidence to back that up. The problem isn't a revenue problem, its a spending problem, and increasing the revenue today only gives tomorrow's congress more to spend rather than cut since spending is much easier than cutting. Not only is cutting the only solution to this debt problem, but neutering future congress's ability to spend like drunken sailors is a must as well. Major cuts across the board and a balanced budget amendment will allow us to make great strides to future financial stability. [/QUOTE]
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