In another thread I posted my thoughts about the government we currently have... Personally I am for the government, I like schools, universities, teachers, and professors. I like libraries, museums, public institutions, and the librarians, curators, and others that run them. I like local, state, and national parks, and the rangers, parks services, and recreation departments that run them. I like Police, Fire, EMS, and the officers, firefighters, paramedics and others that run them. I like the military, ESPECIALLY the officers and enlisted men/women that serve them. I like roads, bridges and the civil engineers, constructions workers that build and maintain them. I like the EPA, FDA, DNR, social services, zoning, inspectors, and all the folks that keep neighborhoods safe, water potable, air breathable, and food and drugs safe. I know I am leaving sectors of government out, and certainly there are parts we can debate about giving so much of our resources to, but overall the government does good stuff, and trying to resolve the issues with merely cuts is insane. The government needs more revenues too. Verse the government Republicans are advocating through cuts only. While I don't think now is the time to increase taxes it is also not the time in decrease spending, but when the economy begins to recover taxes need to be raised so the government can function the way it currently does.
No? If not now when? By not decreasing spending we dug the huge hole that we call deficits and national debt. I think now is way past the time to decrease spending, but it also the time to raise revenues.
I don't think taxes increased or spending decreased RIGHT NOW is the right thing to do. I think government spending needs to increase and taxes stay the same until the economy starts to recover, then slowly increase taxes and decrease spending. You need to get the economy growing, unemployment down, consumer and investor confidence up before enacting strategies that could dampen the economy. I don't think I am even disagreeing with you just suggesting that right now the timing is bad to both raise taxes or decrease spending.
I really dont think either would have a substantial effect on our economy. Raising taxes a small amount would not cause the middle class and rich to become homeless. Cutting spending in a smart manner would not destroy anything. Its time to cut spending by eliminating as much waste as possible, withdrawing from the middle east and lowering our defense budget back to pre war levels. Raising taxes should start with elimination of current loopholes that make no sense, ending corporate welfare, taxation of capital gains as income, and ending some of the ridiculous tax credits to green energy and the similar.
The last thing you need to have happen is have Government function the way it does in any economic climate.