Originally Posted by
dawg80
brtransplant:
Well, that's depressing. Of course, there is a lot of truth in your post, and unfortunately, given the mentality of too many people, you are very likely correct. BUT! it still doesn't have to be that way. This runaway debt is a relatively recent mess, like in the last 20 years or so. This nation managed to function and do very well for 225 years with an in-control debt. It's 3rd and long, true, but we can still complete a pass to keep the drive alive...no need to punt, yet.
Naturally, to quickly reverse the debt problem would require some draconian cuts to the budget, and that means all those social programs libs love and too many people have become dependent on. We can start by cutting off completely and all money spent on behalf of the invaders. Deporting every illegal would save this country $622 billion a year. The gross savings would be $746 billion but you have to factor in the cost of our military/police rounding up the invaders and the loss of revenue into the treasury. (we could be more selective and allow some illegals to remain, and that would address most of that loss of revenue)
Next, we need to greatly roll back foreign aid, but truthfully, that would contribute only $3.2 billion annually.
The biggest piglets at the tits of the nation are Medicaid, food stamps, the bastardized Social Security, Medicare, and all the other "social" programs, and it is in those the real savings are found. So, if we wish to quickly eliminate the debt, well...here ya go.
But, I don't think such draconian measures are necessary and can be counter-productive. We don't have to completely eliminate the debt, and certainly don't have to do it overnight. We need to eliminate the annual deficit! Stop digging the hole deeper. And that can be done relatively easily. Run a small surplus every year, with EVERY DIME used to pay down the debt. Then we'll all see a date in the future when the debt would be eliminated. That would completely restore confidence in the US dollar, the US economy, and in our future.
Alas, even these small, simple steps require the political will to make it happen. It is not too late...mathematically...it might be too late politically.