Micheal Moore in Wisconsin: "America is not broke"

[DrScholl]

There is a difference between broke and mismanaged. If the country was broke, there would be even bigger problems. Years of mismanagement takes years to undo. The deficit was created by cutting taxes, but increasing spending. The low tax proponents were too lazy to balance the budget. You can't cut revenue when spending is already beyond what available revenue there is, you get higher deficits.

An example of how asinine this line of economics is this. If a person loses a portion of their income, then increases their spending habits, overdrawing their bank accounts and maxing out their credit, they go under completely. We need a balanced budget amendment, the government can't continue to bounce checks and spend unwisely, real world principles need to apply.