"The Fiscal Cliff" Really???

[kandrathe]

Like what?

How about that the government is taxing and spending 1/4th of the nations GDP (~3.7 trillion)? How about that the debt to GDP ratio is nearing 100%? That does not include $45.8 trillion in unfunded obligations without forecasted offsetting tax revenue.

It's pretty easy to see the problem. Too much pay out, and not enough pay in. We need to milk more revenue, without killing the cow. We can't spend our way out of this mess, we have nothing left to spend. Both personal debt, and government debt have left us in a hole, so we need to grow our way out. More people, more jobs, higher paying jobs, etc.