Comment on Deficit ReductionComments−tomjen315yHe is wrong on the second count, nyt had an info thing some time ago where you could come up with a plan to balance the federal budget.It was easy to do without raising taxes.−jnovek15yIt might be easy to do in a spreadsheet, but that doesn't mean it's easy to do in a politically realistic way.−tomjen315yTrue but besides the point - it isn't possible to reduce the federal budget at all, politically.−noahc15yFor those interested here's the link:http://www.nytimes.com/interactive/2010/11/13/weekinreview/d...I think a big part of it is more to see how you would balance the budget, and what trade offs you would make. I'm relatively comfortable with raising taxes (2%) and cutting spending(98%).
Comments
He is wrong on the second count, nyt had an info thing some time ago where you could come up with a plan to balance the federal budget.
It was easy to do without raising taxes.
It might be easy to do in a spreadsheet, but that doesn't mean it's easy to do in a politically realistic way.
True but besides the point - it isn't possible to reduce the federal budget at all, politically.
For those interested here's the link:
http://www.nytimes.com/interactive/2010/11/13/weekinreview/d...
I think a big part of it is more to see how you would balance the budget, and what trade offs you would make. I'm relatively comfortable with raising taxes (2%) and cutting spending(98%).