Yes, the federal debt is sort of an issue but it’s not insurmountable. This would tackle the extinguishment of the debt AND unleash an energy wave of prosperity.
I appreciate your enthusiasm, but you are missing two gigantic obstructions to this idea.
1) The enviros would never allow it - media, big tech, corporations, academia, and the democrat politicians and PACs would oppose it.
2) Getting out of debt requires two things - money to pay the note and the resolve to STOP SPENDING. Good luck with that.
The GOPe is not immune to this problem either. Politicians from both parties would find spending the newfound wealth to be much more attractive than using it to pay off past excesses.
Reagan walked away from the 1976 Convention without the nomination.
Trump was laughed at when he took that escalator ride.
The Pats were getting crushed by Atlanta.
They didn't recoil from the challenge - they followed through.
This had nothing to do about enthusiasm. It's all about WILL.
Of course the environmentalists will fight...that's what they do - fight, whine, trot out sea otters, hockey stick temperature plots, etc. Shall that likelihood be all that's required to make us run and hide? Are we doomed to self-select out?
And yes, spending like a drunken sailor is a problem, but just because someone is on a bender doesn't mean you shouldn't book a room at rehab.
First, people say we have a fiscal problem, that we cannot repay the debt. Fair enough....here is a solution. I mean, it is HERE...it doesn't require generations of spending restraint or tax increases.
All that's required is WILL.