Your entire argument centered around the assertion that federa revenues held steady at 18% of the GDP. Now, you're saying "around" 18%.
the GDP as of now is $14,745.1 billion. Here's a link, just in case you want to say it is something different.
16.3% of $14,745.1 billion = $240,343.5 billion.
21.9% of $14,745.1 billion = 322,917.6969
The difference is $825.7419
So, a difference of over $800 billion is still "around". I suppose that's good enough for government work.
But, $825 billion applied to the current deficit wold make some minor difference.
Then, another $4 or $5 hundred billion could come from spending cuts. Add it all up, and you know, a hundred billion here, and a hundred billion there, and we could have some real money.
Enough, in fact, to start paying down that horrendous debt.
Now, on this one we can mostly agree:
The argument doesn't need to focus on raising or lowering taxes, and I never said it did. My statement was cut spending, and raise taxes. Your contention was that raising taxes won't raise revenue, as revenue is a fairly steady percentage of the GDP anyway.
Oh, well I suppose $825 billion one way or the other is "fairly steady."
