Two ways the government can cut its debt: 1) Decrease spending (good luck with that, although wrapping up the current wars *should* alleviate the problem) 2) Increase taxes (even better luck with that!)
At the federal level I'd honestly try and find a way to hold the states more accountable. California is bankrupt, largely thanks to its own wonderful ideas, and so the Federal government has to allot more and more money to various programs within the state. So it's now a state's issue anymore, but a country's issue.
Also need to boost morale, so to speak, and be very clear to the public. War bonds were a remarkable success during WWII because people actually felt motivated. Nowadays if a commercial aired on TV saying "Fellow Americans, please donate to the debt relief fund" I'm sure the great majority of the people would sneer at it.
no subject
Two ways the government can cut its debt:
1) Decrease spending (good luck with that, although wrapping up the current wars *should* alleviate the problem)
2) Increase taxes (even better luck with that!)
At the federal level I'd honestly try and find a way to hold the states more accountable. California is bankrupt, largely thanks to its own wonderful ideas, and so the Federal government has to allot more and more money to various programs within the state. So it's now a state's issue anymore, but a country's issue.
Also need to boost morale, so to speak, and be very clear to the public. War bonds were a remarkable success during WWII because people actually felt motivated. Nowadays if a commercial aired on TV saying "Fellow Americans, please donate to the debt relief fund" I'm sure the great majority of the people would sneer at it.