We don't have a revenue problem, ...
 

... we have a spending problem.

This GOP mantra, repeated most recently by Mitch (The Turtle) McConnell is subjected to "The Fact Checker." Guess what? The Turtle is wrong.

"(A)s demonstrated above, revenues have consistently failed to meet the projections that prompted the original tax-cut frenzy in Congress....The nation has a revenue problem and a spending problem — or else there would not be a deficit."

http://www.washingtonpost.com/blogs/...g.html?hpid=z1

did we really need a fact checker for this?

the problem has been all along the tax cuts, Iraq war and drug company gift nothing else

Strange, that's not what it says.

Pete

We wouldn't have a revenue problem at all....if we didn't spend so damn much. :D

And the guy who can't pay his rent because he quit his management job to go to work for McDonalds doesn't have a revenue problem either.

Regards,

D-Ray

Right, because they're hiring up the street at Burger King.

OK, I guess I wasn't clear. It should read:

And the guy who can't pay his rent because he quit his management job to INSTEAD go to work for McDonalds doesn't have a revenue problem either.

Regards,

D-Ray

Bingo! The "free traders" who thought we were going to maintain our largess off of revenues generated by a "service economy" are the true jesters in the court of American economics/politics. That, and I seem to recall being told "Everything is going high tech. No more high paying manufacturing jobs." a few decades ago as well. How's that working out?

Little manufacturing = Little prosperity. Low wages = Poor consumerism.

Dave

Which still isn't worth a hoot.

Dave

So, I don't have a spending problem, I have a revenue problem. Who will give me more money?

Pete