In response to:

How Congress Is Getting It Wrong

Brian953 Wrote: Dec 10, 2012 10:29 AM
And the irony of the whole thing is that, were the government entitlement programs really, really slashed, the increase in discretionary cash individuals would have, and the dramatic increase in economic growth that would result, would both bring GREATER charity to those who need it than they are currently receiving! I hear this week that a single mother making $29 K would have to make more than $69K to raise her standard of living at all. This is a HUGE disincentive to get promoted, or seek a higher paying job!

In the current debate over the lame duck deal, the focus seems to be solely on the issue of taxes. Raising rates or closing loopholes: which will it be? After all it’s essential that the federal government increase its revenues, right? Everyone knows the government has run out of money, and talk of another debt limit debacle is already surfacing.

Is the cause of the deficit declining federal revenues? Perhaps it's those pesky billionaires moving jobs and profits overseas? Or, there's always some way to blame oil companies or George W. Bush.

The reality is far less flattering for...