The US obviously must go on a New Jersey diet x 10. But, if we actively use our resources (drill, Baby, drill) and get inexpensive energy back into the equation, America will prosper yet again.
Do all the right things and we have more than a chance; we will prevail!
1. Cut taxes.
2. Cut spending.
4. Drill, baby, drill.
Not a chance, though, that this administration will do any of these things. They will do the exact opposite.
I disagree. We are already beyond the point of no return.
There is no (peaceful) way back from here...it's either hyperinflation or default.
The politicians will not have the will to default so, I expect we'll eventually see hyperinflation.
Just my opinion.
Your suggestions will not solve anything by March.