Victor Davis Hanson in Pajamas Media describes our financial condition and what needs to be done:
The annual deficit and the aggregate debts are so massive that all the talk of a few billion cuts here and there, or even a trillion or so, means little. To save us, we would have to slash two or three entire departments (e.g., perhaps energy, education, agriculture, etc.), end all agriculture subsidies, raise the retirement age, freeze cost of living raises for Social Security, clamp down on food stamp and entitlement abuses (almost 50 million now receive them), and do far, far more — while encouraging the private sector to drill, mine, grow food at unprecedented rates, as government trimmed regulations and revised the tax code to encourage wealth creation.
