Do you believe there is a solution to the United States' financial situation?

[Whoha]

eliminate non-discretionary spending. Conversely freedom spending must be increased

[Asher]

Annex Canada's oil.

"Canada" doesn't own the oil, individual provinces do.

[Barnabas]

Hyper inflation is the answer.
But first warn everybody that hyper inflation is going to be initiated in one weeks time.
That'll both initiate hyper inflation AND it will cause many people to spend their savings, which will save the economy. (yeah, sure!)

It may come with 'some' unforeseen disadvantages, but who cares?

Bottom line: I voted "my own crazy plan"

I had hyperinflation in the late 80s

we solved it by pegging our currency to the dollar

pegging our currency to the dollar created another crisis that exploded in 2001-2002

to me it looks like a 0 deficit approach, is what works best. And I mean having both budget and trade surpluses. I know It can't work since it is impossible for all countries to have trade surpluses. Actually we are all benefiting from the huge trade deficit of the yanks.

[giblets]

Isn't the projected insolvency of the social security and medicare trust funds something of an issue?

If the trust funds run out of money then I'm guessing the programs will go into debt, adding trillions to the overall government debt. So we definitely need to stop these insanely low tax rates.

[Docfeelgood]

Kill the military budget by half.

What about all the solders in the military and the employees of the military industrial complex that will be unemployed?
Would this not compound the problem of wasteful spending?
Just a thought

[Asher]

What about all the solders in the military and the employees of the military industrial complex that will be unemployed?
Would this not compound the problem of wasteful spending?
Just a thought

The soldiers can get real jobs that meaningfully contribute to the economy and spend their money on the home soil, stimulating the local economy.

The military industrial complex *******s can find new jobs in new sectors. There's surprisingly few people employed by them given the amount of money spent on them.

[Docfeelgood]

What about cuts in NASA?
Do we really need to go back to the moon or mars?
Thats a lot of money NASA spends.

[Asher]

What about cuts in NASA?
Do we really need to go back to the moon or mars?
Thats a lot of money NASA spends.

NASA budget = $19 billion
Defense budget = $1,060 - $1,449 billion

[Asher]

The Energy Department's defense-related spending is even greater than NASA's budget.

[Asher]

And $3.4-$8.5B of NASA's $19B budget is defense-related (satellites, etc).

[Docfeelgood]

Yep, can't get away from the military in all areas.

[giblets]

NASA budget = $19 billion
Defense budget = $1,060 - $1,449 billion

I had no idea the defense budget was that bad.

[Whoha]

The soldiers can get real jobs that meaningfully contribute to the economy and spend their money on the home soil, stimulating the local economy.

Unemployment for veterans is higher than the national average so that is quite unlikely.

The military industrial complex *******s can find new jobs in new sectors. There's surprisingly few people employed by them given the amount of money spent on them.

Capital intensive industry

[Elok]

Liquidate the Air Force, transferring all pilots and other stuff we actually need to Army/Navy and pitching the rest.
Decriminalize possession of most drugs, especially marijuana, and pardon all inmates currently held exclusively for drug possession.
Get out of Afghanistan ASAP, whether they decide they love democracy after all or not.
Stop spending money trying to teach panda bears to have sex.
Have somebody kick Jimmy Fallon in the nuts while wearing steel toe boots.

Total savings won't be nearly enough, but hey, it's something.

[C0ckney]

what financial problems? we all know that the solution to debt is....more debt, oh and printing money to inflate that debt away.