Wait a minute: you say that our expenses versus income is too high, but then also say that higher taxes won't solve anything? Unless you're arguing that higher taxes won't increase government income (which is a totally specious argument that people make all the time, but which isn't backed up in the least by any actual historical analyses), then higher taxes absolutely could solve the deficit problem. Federal tax revenues as a share of overall GDP are historically low right now, and merely letting the Bush tax cuts expire for good would solve almost all of the "deficit crisis." For example see http://economix.blogs.nytimes.com/2011/07/26/are-the-bush-ta... or http://baselinescenario.com/2011/10/03/how-big-is-the-long-t...So I guess it depends on what problem you want to solve, but if you're worried about the federal deficit, then higher taxes (even in the form of just eliminating the bush tax cuts) will absolutely help to solve that problem.
dgreensp|13 years ago
If I tell you, "Fred is always running out of money; in fact, he's deep in credit card debt," your immediate response is not going to be "He should get a raise so he can pay off that debt" or "Here, give this money to Fred."
anthonyb|13 years ago
I'm not sure where you're going with that analogy. It all depends on whether Fred's spending his money wisely or not.
nooneelse|13 years ago
So your analogy doesn't just do work for your position; it clearly cuts both ways.