re: #171 RogueOne

We cannot tax our way out of this. We’re running a $1.5 trillion annual deficit. Right now we’re hitting the debt ceiling at roughly $14T dollars and they want to raise it again. In 2010 the fortune 500 combined brought in ~$400Billion in profits. Even if Ryan manages to get his way (and he won’t) it still won’t come close to fixing the problem.

That’s because Ryan isn’t taking a serious look at the causes of the problem. We absolutely cannot tax our way out of this. We also cannot trim our way out of this. Neither approach, by itself, is feasible. We need to both raise taxation, and decrease spending. There’s no sane way to do this without doing both.