Quote:
Originally Posted by yads
What I think those of us who are against raising taxes are proposing, is to first cut operational spending, then and only then should tax increases be looked at. We shouldn't be looking at a deficit and automatically assuming that revenue is the problem. When times are tough this should be the order of things:
1. cut expenses
2. raise revenues
3. raise debt
The order shouldn't be
1. raise debt
2. raise revenues
3. cut expenses
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What expenses? Without cliche terms like trim the fat or streamline services - how do you effectively propose to cut expenses? Cancel capital projects - personally I would rather borrow money to do so when the interest rate for doing so is as low as it is. It would be stupid to put projects on the back burner until the interest rates and the cost of doing business went up.
I really think that there are inefficiencies in the government and that they should be dealt with, however when people start saying things like cut expenses without offering any concrete strategies alarm bells go off in my head because there aren't that many government agencies that are rolling in a large amount of cash from my experiences.