how much more taxes? i said before i think the clinton rates might be a good start. i can't give you an exact figure because i'm not an economist. but i find this assertion that tax figures inevitably lead to capital flight to be befuddling. i mean, is this always true, regardless of the legacy tax level? the wealthy are sitting on income and not spending it. that's not always true, but it's true at the moment. meanwhile, the middle class is tapped out and we're running enormous deficits. i keep hearing spending cuts, spending cuts, but spending cuts suppress demand and don't do anything to create jobs. the bush tax cuts were supposed to sunset several years ago. do we just keep those cuts going indefinitely, and do nothing to increase demand? i honestly don't get what you guys are prescribing to fix this problem.
So you have no answer other than "Where Clinton had them." Not use some fucking context like we spend a WHOLE lot more than Clinton was, a LOT more.
right, on wars, tax cuts and bailouts. round and round we go.
again. if you know of something obama's spending money on that's a liberal priority, please tell me. if you have a prescription for fixing this problem other than cutting medicare and social security, please let me know. if by "spending cuts" you mean ending the wars and doing something about the fact we spend as much on the military as the rest of the world combined, then you've got my vote. but something tells me when you say "spending cuts," you're talking about cutting programs people rely on. and that's dumb in a recession, because it suppresses demand.