Have you ever wondered why someone doesn’t just say, “Well last year we overspent. Everyone is to expect 7% less this year....everyone. If you got 100 last year, then you’re getting 93 this year.
If you got 100 billion, you’re getting 93 billion.
Ok. Go make it happen.
There is only one way to pay back the debt and one way only. By inflating the dollar and simultaneously running a balanced budget. That’s it. There are not enough programs to cut, the 1% does not have anywhere near the assets and people have no problem letting their grandkids kids pay for their wants.