How Much Faith Do You Have?

Here's the problem we have in this country. We have very high unemployment and we have very high debt and deficits. However, having a two party system of government where neither are able to agree on how to solve these two areas of difficulty, we have no solutions at all. The one side feels the only way to solve both problems is to reduce the debt while the other side would like to believe that putting folks back to work is the solution to both problems. Now in order to reduce the debt, there will have to be cuts in spending and increases in income, or taxes, and no tax cuts. That side refuses to consider any tax increase, even though we are at the lowest rate of taxes percentage/per capita in more than thirty years, but wants those tax cuts.  The other side won't admit that for their plan to work, they will have to continue spending well beyond our means to pay, for the near term. That's because they'll have to do another, more focused stimulus of substantial size. The American people want tax cuts and don't want a stimulus unless they get a piece of the action and the banks and Wall Street don't. Of course they don't want Wall St or the banks to get the tax cuts either. The thing is, the side that wants to cut the debt and cut the taxes has the most appealing argument. Hey, who doesn't want all the goodies? The thing is, that plan cannot work and if implemented will only put us in a worse place financially. Most people realize that. They just hate to admit it. And as long as there are politicians out there assuring them it will work as long as we cut entitlements and Social Security and Medicare and Medicaid. Now that's where the fat hits the fire. Even people who won't be affected for years don't want any part of that formula. In the meantime, nothing of real value or substance comes out of Washington. Of course debt is not a good thing, or at least too much debt is not as good thing. On the other hand we were in even worse shape right after WW11, but because there was strong job growth, we worked our way out of trouble. To do that again, we'll have to have confidence in this country. So I guess the real question is, do we?