If you look at the laws of mathematics the fiscal situation is unfixable. I disagree. The problems can be fixed, but it will take a strong will and an ability to force Congress to make the tough calls.
A combination of economic growth and spending cuts will do it. But both have to be more drastic than anything we've seen in the past. It is possible, though "radical".
The growth can be created by getting government out of the way of productivity, profit, and job growth:
- Eliminate corporate income taxes.
- Open up domestic energy production and prevent the EPA (et. al.) from taking action against development on the basis of what might happen instead of simply verifying that companies are abiding by regulations.
- Speaking of regulations, reduce the regulatory burden on business in general. Drastically.
- Disband the NLRB.
- Feel free to add more here.
Meanwhile, cuts need to be "drastic". Total spending should be capped to ensure that revenues outpace expenditures -- the budget surpluses go to pay down the debt. All spending must be prioritized, so that the absolute musts are dealt with before any though is given to anything else. Once the spending cap is reached, no other lower-priority items can be funded.
Feel free to add more....ok.
True at-will employment. If you are good and productive you have a job. If not, pick lettuce or go hungry. For far too long it has been nearly impossible for employers, union or not, to get rid of dead weight. USA can't be productive and excel with ANY employer carrying dead weight.