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Tuesday, June 19, 2012

Raising revenue vs. cutting spending - FB conversation

R.W., a FB friend, posted this:


B.R.: Haha! That's pretty funny. If only it was that simple.

R.W.: It is.

B.R.: mmm...no. C'mon man. The rise in our national deficit is not basic math.

Me: spending - revenue = deficit. Lowered spending - revenue = lower deficit.

B.R.: Rich, and how do we raise the revenue with a party line filibuster every time our president wants to get something done?

Me: B.R., my equation was lowered spending. Raising revenue has never balanced the government's budget.

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