Here is the latest in Gallup and it shows support for spending cuts, much more so than for tax increases. I am certain that someone in the Administration is looking at this research from Gallup, even as you read this post. Never forget that we collect $200 billion a month without borrowing and spend only 30billion of that on the debt. There never needs to be a time when we cancel out our debt management responsibilities. If that happens, it will be solely due to the fact that Obama decided to do so. Period. As to whether to raise taxes or cut spending, understand that Obama's has no spending cut plan in mind; at least, he has yet to put those cuts on the table. He is only talking about tax increases, when we get to the details. I believe this chart shows that he is on shaky ground, to say the least. He does not think so. 2012 will give us a definitive answer on this.
Here are the Gallup findings:
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