Take the following as truth: um but that's a very long-term sort of concern um i don't i don't have great short-term effects other than reducing spending and raising taxes and no one likes the idea of raising taxes very much and uh no one likes the idea of reducing spending very much so i don't see any real uh real immediate hope i mean it's the whole quota's living on debt i mean but and they buy things on credits constantly
Then the following statement: "Raising taxes is necessary even though it hurts short term." is true, false, or inconclusive?