Eliminate National Debt

Just like personal debt weakens credit, limits choices and burdens the family, national debt causes inflation and weakens our country, handing over some of the control over our future to foreign interests, such as China.

I’m not an economist and sometimes have difficulty with simple addition, but even I can see that the formula for coming back from our spending spree is to spend WAY less and save WAY more.

We’re America. We can set a goal and do it, but it is going to take a commitment, and I think we need to begin by facing the truth.

www.brillig.com/debt_clock/ is a website with the national debt that shows we are at 11.8 trillion in debt. There are other websites that differ slightly, but all list the debt at over 11 trillion.

That said, it’s time to stop the bleeding and start the healing. I have a few suggestions and would love to hear the good ideas you have for tackling this leviathan problem.

Stop the spending
No more bailouts
No more corporate takeovers
End the war
No more entitlement spending in congress
Cut the crap: no more advertising programs educating us on the food pyramids and how to fasten our seatbelts, and stop supplying Medicare patients with free electric carts with my taxpayer dollars
Reduce welfare spending by 5% per year, weaning people off this system and eliminating it as a future lifestyle choice
Reduce Medicare and Medicad spending by 5-10% through tort reform (which will reduce costs) and by eliminating unnecessary tests and procedures
Reduce Social Security and disability payments by 2 %. I know this is going to be unpopoular, but everyone is going to have to tighten their belts and pitch in.
Stop subsidizing illegal aliens with free medical care, welfare and free education

Start the healing
Individuals can pay 5% higher income taxes until we turn this tide. Businesses, especially small business, need to be supported with lower taxes so they can build the economy for us. If we all make sacrifices by reducing our net income for the sake of our country, it is going to be patriotic to do with less for a while.

I’m sure you probably have some good ideas too, and unlike Washington D.C., I’d like to hear them.