Its really very simple. If half your budget is borrowed money, your government is twice the size it needs to be. It logically follows that you need to cut away about half of your government.
The things you don’t do from Washington don’t go undone. If they need doing, private people will pick up the slack, or private companies, or churches, or towns, counties, states. Thats how it works in a free country. If its a need, someone will build a company to do it. Or someone will set up a charity to do it. It will get done.
Try 90%. Possibly more...
For an extra $25k/annual, I'll even provide free market based solutions for any services that may have a "perceived" need. Like how to re-integrate the Air Force back into the Army/Navy/Marines. How to privatize NASA. How a model like the IEEE could be used to set up various free market consortium to take over for agencies like the FAA/FCC/FDA.
It's still a heck of a deal.
If they would just Let. Our. People. Go. there would be so much money floating around people would be burning it. There is so much pent up economic energy in this country yearning to breath free... it boggles the mind to imagine it loosed upon the world.
Unfortunately it isn’t that simple.
That borrowed money is 10% of GDP.
You suddenly pull that 10% out and you have a depression - or worse.
Politicians spending borrowed money has turned into essentially a heroin addiction for all. Now there’s no way out without extreme pain. But if one doesn’t stop, one dies. The problems is, it seems most would rather ride it to the bitter end than suffer the pain of changing course.
>> “Its really very simple. If half your budget is borrowed money, your government is twice the size it needs to be.” <<
What if all of your budget is borrowed?
100% of our federal revenue goes just to service the existing, increasing debt. That leaves nothing to budget, so we borrow more.