Addressing the National Debt

May 23, 2010

The national yearly deficits and long term debt in the United States is increasingly in the focus. People, regardless of political persuasion, generally recognize our current path is unsustainable. We got here through increased spending by both parties on programs and wars, as well as through substantial tax cuts for the wealthy.

The question is what do we do about it? While one could write volumes on ideas to deal with the national debt, there are three key areas that I feel deserve more debate:

1) Reforming our approach to assistance to the working class and those in poverty

2) Reform defense spending

3) A very small national sales tax dedicated to debt service

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