It wouldn't even make a dent in the deficit by the end of his term, and you characterize anything more than that as "slash and burn". A couple of decades of that would be undone by a single Democratic administration, and you know it.
I’m not even saying that our politicians are CAPABLE of doing this. It is a less painful way to shrink the government. IF THEY WERE CAPABLE OF DOING IT. It is a start.
If our GDP was 22 trillion dollars and the budget was 2.9 trillion and stayed there for 4 years.
Assuming a 4% growth in GDP for this exercise
At the end of 4 years the budget would have gone from 13.1% of GDP to 11.2% of GDP.
From 13.1 to 9.6% of GDP after 8 years.
Or by nominating Ron Paul who would lose any match up with a democrat in 08.