so that the growing level of taxation required to fund everything Government,
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Taxes are at an all time LOW.
Good gravy....what planet are you on?? Seriously. The major reasons for the problems economically are 2 fold...and hint, neither has to do with war. OVERT government spending AND Fannie/Freddie. The latter, coupled with the ghastly Community Reinvestment Act, sent this country's economy into one of the worst recessions ever, that it still hasn't recovered from. Not to mention, looks like its going back downhill again.
And then you have the ongoing use of the recession by the left that gave them some carte blanche notion that we could spend our childrens, and their childrens' childrens' economic stability, in the form of exponential deficit spending to supposedly "save us" from this recession, when all its done is throw a wet blanket onto the entire business community, and inhibit any chance of expansion or employment, as business hunker down for Obamacare's taxes & healthcare regulations to kick in full tilt. Add to that now, increased taxes, which
nearly EVERY ECONOMIST has referenced is BAD for any business expansion, and the problem becomes even worse
And Democrats know this, which is why the class warfare rhetoric now needs to redefine the middle class, since Obama and Co are supposedly the protectors of the "middle class". It's that class now that's going to be hit the hardest with taxes......but its ok, because those folks are no longer really part of "the middle class"
Both parties are horrible at math, one exponentially worse than the other, but both excel in politics.
But I tell you what......you can have your Clinton taxes, that you keep harping on as what we did before and managed ok with.....
IF, we also go back to the Clinton-level spending limits, that also went along with those taxes. Now, let's see how honest/serious you are at addressing our debt