PASS ANOTHER TAX CUT!
Why not try a dramatic and novel tactic: PASS A TREMENDOUS SPENDING CUT—NOW! Quit spending money that isn’t in the Treasury. I don’t mean a pledge to reduce the deficit 10% ten years hence unless some Congressman thinks of some way to increase spending in the interim. In this booming economy with this dire debt situation, the Congress should run trillion-dollar annual surpluses. We’re running an annual deficit of $1.216 trillion. What will happen when the Democrats (or dare I say Republicans) go on a spending spree, especially in the next recession? Can we survive our debt, or will our economy collapse beneath it like that of Greece? I prefer not to experiment. ATTENTION Congress: Just say no to spending NOW.
Because trillion dollar deficits aren't large enough?