Originally Posted by Paul Markham

Less borrowing. That's a great idea. US GDP is $15.09 Trillion, the debt is $16.25 Trillion and rising. So if the US decides to cut the debt by $1.62 Trillion a year it will take 10 years and mean 10% less money in the US. Are you willing to take a 10% cut or should the cuts, as you indicated, hurt everyone else?

Wasteful spending. I asked you to give me a list of cuts and your list was about job losses for everyone else. You even wanted poor people to starve because 2% of them abuse the system.

So here's a better way to pay off the debt and not increase unemployment and reduce spending in the US. Taxes to go back to the Clinton era, sales tax of 10% on all non essential items, such as basic foods. Plus tax on imported finished goods. The myth of less taxes increasing spending and the wealth of a country has been shot down good and proper.

Or is it really about everyone else taking the pain?