WTF?!?!Boehner wrote: At one point several weeks ago, the president said to me, 'We don't have a spending problem.'
But then hell, maybe 'ol presbo is right. I mean, let's break it down. We have to decide to take one of two roads:
1. Retain the level of spending at which we currently sit, and jack taxes to pay for it. And I mean jack taxes, including forcing the 47% to pay as well, such that enough revenue is collected to cover the budget. This of course is a preposterous notion to anyone with common sense, as jacking taxes, especially to obscenely high levels, will cause a mass exodus of wealth producers from out ranks, in effect creating just a massive hippie state, a huge communal sitting duck for the new super powers of the world.
2. Trim, nah prune, NAH strip down hard our current spending levels to the point that our current taxation levels can support it, and learn to live within our current means. This of course is the prudent course of action to those of us with common sense, as it allows us to retain wealth producers in our ranks, and a very modest safety net can be maintained, one that actually has an exit door.
But then it seems that the democratic majority of the nation indeed comfortably chooses option 1. If option 1 is the choice, then presbo is right, we don't have a spending problem, just a massive shortage of revenue, one that in the world of reality can't be shored up, but hell, why limit ourselves to reality anymore right? Remember, Obama Sr himself pointed out, it's easy to get away with taxation as high as 100%, as long as you provide benefits commensurate to the confiscated wealth.