HabitableZone

Flame » in reply to It's the most important government issue right now.

You're refusing to get the point.

We all know the current revenues aren't doing the trick.

I set up a thought experiment where I applied the large revenues of a time when unemployment WAS less than 5 percent - the year 2007 - to the current spending levels. Result, still almost a trillion in deficits.

Think about it. In constant dollars, the revenues for the year 2007 were the highest in this country's history. Over $100 billion more than the revenues of the year 2000, when our budget had a $270 billion surplus.

It still isn't enough to make up for what we're spending.

Log in or register to post.

The whole thread (65 posts)

Related discussions