Ruinous meltdown

Reading Blue Commonwealth's tale of woe, I wonder if there's enough money in the economy to tax to pay for all the things he wants to save.
Perhaps, the Tea Party crowd is looking at the "ruinous meltdown" from the other side. We don't have to money to do what you want to do. Let's cut spending and work together, instead of screaming for our fair share.
If we'd listened to the Republican Congress in 1995, perhaps we'd be in better shape. Slowing spending then would have left more money available now.
Tax money spent is tax money gone.
If used right, last year's stimulus money could have helped cities, states and individuals prioritize and prepare for a day when the money spigot dried up.
The day is arriving.