Hacker News new | ask | show | jobs
by tastyfreeze 977 days ago
I think that is fair. But, getting spending under control means cutting welfare programs and military spending. Both are currently political suicide. Another option to get it under control is growth. The easiest way to do that is removing regulations that make growth difficult and get government out of the way.

Ultimately growth will just lead to higher spending. A complete solution is a bit of both. Cutting spending or capping it, and growth. Without cuts or a cap Congress will just see growth as a sign they can spend more money we don't have.