And as Greece has shown us austerity doesn't work. (Making guys like Krugman (sic) right)
We are far away from Greece which has debt exceeding 200% of GDP (we're at what 20%?) Most Americans, including me believe we need to both raise taxes and cut spending - but it does NOT have to be a knee jerk abolishing of Medicare or a deep cut to DoD.
All of the Bush tax cuts should have expired and across the board cuts needed to take place
Additionally the war in Iraq and Afpakistan need to be included in our budget or war bonds need to be sold so that off the books spending does not drive up our debt
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