In response to:

It's the Spending, Stupid!

bearcub Wrote: Dec 31, 2012 3:19 AM
actually borrowed money still functions - all money functions - you can not "remove" money as you describe. (learn a bit about financial sector vs rest of economy). taxed money also functions and often produces MORE wealth than money not taxed. The issue is not money here or gone, it is who gets what - that has ALWAYS been the question. you guys need to read more about economics - global and financial and understand what happens more.
Listening to progressive media pundits, I'd think the most evil man in the universe is Grover Norquist, head of Americans for Tax Reform. His crime? He heads a movement that asks political candidates to pledge not to raise taxes.

I think Grover accomplished a lot. But I wish he'd convinced politicians to pledge not to increase spending.

President Obama says raising taxes to cut the deficit is a "balanced" approach.

Balanced ...

But what's "balanced" about raising taxes after vast increases in spending? Trillions for war, Medicare, "stimulus" and solar panels. Tax receipts rose -- after tax-rate cuts -- from $1.9...