“So Greece will be forced to spend only the money they have coming in....GREAT! Please could we get that here?”
We could but its economic equivalent of setting off a nuke. Greece has little choice, we still have some breathing room. FWIW, I think we’ll end up there in say 10-15 years.
The US has some time to change course, I just see no indication that we will.
A Balanced Budget Amendment would be a start.....cut back, and end all those GRANTS for people like Jesse Jackson, Al Sharpton, Climate Change fanatics, and studying weird stuff like monkeys smoking joints, and rats on treadmills.