In response to:

The Kingdom of Fairness

trailbee Wrote: Dec 07, 2012 12:24 AM
Taxing the 1%, which has suddenly changed to 2%, has nothing to do with increasing revenue. It has everything to do with the Marxist goal of a classless society. Lack of money makes everyone equal. That is what Marx wanted, and that is what this prez is after. He doesn't give a damn about the finances of our country, only how to wipe out the higher earners and remove them from the playing field. Nothing else.

We are still borrowing more than $1 trillion a year. Barack Obama has added more than $5 trillion to the national debt in just his first term alone. Such massive borrowing is unsustainable. Someone somehow at some time has to pay it back.

Obama would agree. He once alleged that George W. Bush's much smaller deficits were "irresponsible" and "unpatriotic." Obama himself vowed to cut the budget deficit in half by the end his first term. Instead, Obama's annual deficits have never gone below $1 trillion.

Three ways to establish a long-term trajectory toward a balanced budget were under...