You cannot spend your way out of debt.
Countries have big problems cutting their costs to get out of debt.
Countries can't tax cut out of debt.
You can't wait for an economy to turn around.
The only way for a country to get out of debt is to produce and sell overseas.
The problem is telling people that you will be putting more money in their pockets, even if in the long term it doesn't happen, will get votes.
You need more companies like these at the top to be American
http://en.wikipedia.org/wiki/List_of...ies_by_revenue cutting education is the stupidest move in the list of stupid moves.