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So when do you, or anyone, propose the problem get fixed? Raising the debt ceiling effectively means there is no budgetary restraint, spend what you want, the next several generations might pay for it. The fix for this will be VERY painful, both in the US and abroad, but it needs to happen in a planned fashion or it will surely happen in a way that makes it much worse.
IMHO, we (the US) need to stop sending money to other countries unless and until we get our own problems under control, we need to enforce the borders to keep the illegal immigration down as much as possible (legal immigration is fine, unlimited illegals coming over is not) and we need to enforce a budget on the federal government, as is done on state governments (I believe all states have a balanced budget law). The federal government needs to be reduced in size and scope and as much of those responsibilities (privileges, really, if you read and UNDERSTAND the constitution, the federal government is intended to be very limited) returned to the states as possible.
The problem with a balanced budget law is that the liberals will just use it as an excuse to raise taxes. What we need a law limiting the budget to 5% of the average GDP from the last 10 years. 10 year average levels out annual economic fluctuations. In fact from the end of WWII until the 2008 housing bubble it was less than 5%. Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) | FRED | St. Louis Fed
Well you've wished and hoped for a recession for over a year now, I guess the law of averages suggests that eventually you will be correct and your wishes will come true.
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