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Would our economy be better repaired by the government increasing revenue, or spending less?

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Anonymous

Asked by Anonymous at 12:36 PM on Apr. 27, 2010 in Politics & Current Events

Answers (19)
  • Give people jobs. Problem solved.
    Pnukey

    Answer by Pnukey at 12:38 PM on Apr. 27, 2010

  • Depends on how much you taxed people or how much you cut spending. I have to say they could probably do better by taxing Americans IF they taxed everyone. I'm certainly not sayin gthat would be a better thing to do though. Either way we are in for a world of hurt. Either way the decisions will do nothing more than prolong the economic downturn. More jobs will be lost. People will have less money and will spend less. Businesses will go under or go overseas. The debt has become so cumbersome that our standards of living will continue to go down many years before it goes up.
    itsmesteph11

    Answer by itsmesteph11 at 12:47 PM on Apr. 27, 2010

  • Spending less, IMO.
    mancosmomma

    Answer by mancosmomma at 12:51 PM on Apr. 27, 2010

  • Taxing more historically decreases revenue as it slows job growth.
    Carpy

    Answer by Carpy at 12:59 PM on Apr. 27, 2010

  • There's a pattern that irresponsible spenders stay irresponsible spenders as they get more income, so the extra money doesn't help them.

    If you give a responsible spender more money, that helps them.

    Umm, I don't think the government is a responsible spender.
    Anonymous

    Answer by Anonymous at 1:02 PM on Apr. 27, 2010

  • yes.
    Suzy_Sunshine

    Answer by Suzy_Sunshine at 1:05 PM on Apr. 27, 2010

  • Irresponsible spending and poor decision making are the biggest culprits.

    Sisteract

    Answer by Sisteract at 1:05 PM on Apr. 27, 2010

  • Spending less. They keep trying to prop up failing industries with what they're spending - that's basically throwing money away.
    NotPanicking

    Answer by NotPanicking at 1:41 PM on Apr. 27, 2010

  • Spending less. No more gigantic spending bills.
    sopranomommy

    Answer by sopranomommy at 1:50 PM on Apr. 27, 2010

  • I highly recommend going to the PBS website and searching "The assent of money". The full length one is 4 hours, cut into 4 sections. They also have one edited down to 2 hours and I think even a 1 hour one. The 2 hour one gets you the info you need. It is VERY informative about why governments step in, how we got into the trade deficit we are in, and even how the subprime mortage crisis happened and its an easy to understand format.
    karamille

    Answer by karamille at 2:26 PM on Apr. 27, 2010

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