from FinancialSurvivalNet
Danielle Park (Juggling Dynamite), our reliable Canadian Contributor, joined us for an intriguing look in to the election’s aftermath and the way forward. She believes that the situation is serious, but not hopeless. And she feels that raising taxes to the historic mean will help the nation get past its current bout of insolvency. FSN believes that raising taxes will just result in more governmental waste and will result in furterh economic deterioration. The idea that the government can magically fix the entitlement crisis by increasing revenues has always failed. But we agree with Danielle that something must done and soon. The country took a swan dive off the fiscal cliff many years ago and has yet to recover.
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