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View Diary: David Brooks says the GOP has 'brain freeze,' no strategy and doesn't know what it wants (11 comments)

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  •  But, the problem is once we lock in insufficient (2+ / 0-)
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    a2nite, Nespolo

    taxation to sustain progressive spending levels we force ourselves into the debt-ceiling trap.  Now and pretty much as long into the future as it tax to cut spending back to match a tax revenue stream that is around 18.5% of GDP rather than the Clinton level of around 21% to 22% (the numbers might be a little off,) but the point is that once we establish a 3% reduction of government spending as the maximum level, our choice is which to cut social spending or military and you already know how that one is going to play out.

    The means is the ends in the process of becoming. - Mahatma Gandhi

    by HoundDog on Mon Dec 31, 2012 at 07:51:07 AM PST

    [ Parent ]

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