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The 'Stalinist' Who Came In From The Cold

507
Dark_Falcon11/19/2011 10:14:25 pm PST

re: #503 jvic

And increase every tax by the same percentage amount that you reduce spending on every program. Iterate until the deficit is closed.

Once the economy revives and so do tax revenues, formulate a similar policy to pay off the debt.

Not sure about that. Bit too ‘blunt force’ for my taste. Some programs can’t be cut like that. You can’t build only 90% of a destroyer and get any use out of it.