Agree 100%. Even to the sick to stomach point. It really is sad, isn’t it?
Frankly I doubt we have the will to do it. Paul Ryan’s statement that he will have trouble finding $100billion in cuts because we are already 1/2 way into the fiscal year is a joke. What a clown.
Good comment about Ryan.
Incremental thinking is what got us into this mess.
It will take radical thinking to get us out of it—if we can get out of it.
Waiting for other countries to fail first, waiting for somebody else to do something, that is incremental thinking.
It dosen’t work well when you have flown off the cliff and are halfway down.
You need to reach for the ledge even if it breaks some limbs if you are successful.
(Defaulting on the interest is reaching for the ledge—it is a binding commitment for a future balanced budget—with a 460B a year kick-start towards your goal.)