Here’s one of the best by-the-way’s I read this week. It’s from a Wall Street Journal interview with Texas Senator, John Cornyn:
Paul Ryan in the House proposed a constructive solution to . . . our fiscal problems. And rather than engage and propose something constructive himself . . . [the president] decided to go into the class-warfare mode, where, as you know, you can’t raise taxes enough to solve the problem.”
“And by the way,” he adds, “it’s not raise taxes so we can pay down the debt, it’s raise taxes so we can keep on keeping on—doing what we’re doing, which is spending a whole lot more money, making a whole lot more promises than we can actually keep from a financial standpoint.”
That’s an extremely important by the way.
This is something that the people who advocate raising taxes to ‘solve our problems’ don’t seem to get. It won’t solve our problems. Not even close.