I haven't had a lot of opportunities to get on Blogger in the last month so I am just now publishing this cartoon. I made it before the Buffett rule was, thankfully, voted down but felt it necessary to still post it to illustrate how foolish it is to believe that more taxes will somehow help the deficit. At this point the deficit is so huge and spending is so out of control that no amount of taxation will fix the problem. The national debt is now larger than our Nation's GDP. In essence, if the government where to confiscate all the wealth of the US for one whole year, we still wouldn't be able to pay down the national debt. The last time the national debt was larger than the GDP was during WWII. One thing to note about that is the fact that FDR, arguably the most "regressive" president in our Nation's history until Barack Obama, was the president at the time.
The answer to the problem is not taxation, it is spending cuts. We need to start cutting programs and bureaucracies now, and in doing so, will create freedom and wealth for more people.
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