Originally Posted by mlyonsd
The idea you can fix our debt problem with a 1:1 ration is insane.
it isn't the ratio so much (although i agree with you that 1:1 won't get it done) as what it is that's being cut and what impact will that have on us as a nation...
any serious tax reform will generate new revenues which can be used as a measuring stick to further reduce costs/spending...
personally, i don't care for hard and fast ratios, we should cut wherever we can without serious consequences and at the same time continue short term spending (maybe even a stimulus package) in critical areas like education, infrastructure, r&d, etc.