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The 50 percent solution
Washington Post, by Charles Krauthammer

Original Article

Posted By:Dreadnought, 3/21/2013 10:52:55 PM

The proposition that entitlement curbs are the key to maintaining national solvency is widely accepted, though not by many congressional Democrats. President Obama, however, has endorsed it on various occasions. And he could make it happen. If he wants. I remain skeptical that he does. But national solvency is important enough to test this proposition at least once more. The obstacle is Obama’s current position that entitlement cuts must be “balanced” with new revenue from closing loopholes. Republicans are adamantly opposed. No more revenues, Mr. President. You got your tax hike on Jan. 1. Is there a solution?

      


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Reply 1 - Posted by: ColonialAmerican1623, 3/22/2013 1:56:45 AM     (No. 9237929)

The 50 percent solution. Does that mean DC is cutting their staff by 50% or perhaps we are cutting foreign aid by 50% or the first grifters are cutting vacations by 50 % or leaving 50% of the tag alongs at home ?

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Reply 2 - Posted by: Spidey, 3/22/2013 4:19:29 AM     (No. 9237958)

People like Krauthammer have been around long enough to not be fooled by this stupid idea. Reagan and Bush senior were bushwhacked by liberals promising spending cuts in exchange for tax hikes and the liberals never keep their half of the bargain.

Raising taxes isn´t even in the same league for deficit reduction that spending cuts are.Attacking entitlements is also a failed concept because that´s not where the problem is,except on paper.

Our deficit problem has to do with open borders and the left´s war on capitalism.Obama hiring countless new federal workers is also ballooning the deficit.All more taxes would do is allow the government to hire more workers.

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