The United States is now 15 1/2 trillion dollars in debt.
President Obama has increased the debt more in 3 years than President Bush did in 8 years - despite the winddown in Iraq.
President Bush ran up more debt in his 8 years in office than all the other Presidents combined in history.
Medicare costs are expected to skyrocket as more Boomers retire.
Social Security is funded with IOU's from the Treasury and expected to go bankrupt as Baby Busters will lack the financial resources to fund its obligations.
The "austere" Ryan budget proposal that generates commercials of granny being tossed off a cliff balances the budget - in 28 years.
The US dollar, has fallen dramatically against other currencies as other markets prepare for economic disaster. Against the Canadian dollar from 1.60 to .95; against the Swedish Kroner from 10 to 6.7; against the Singapore Dollar from 1.8 to 1.2.
And many analysts believe our problems are understated because we don't even consider the economic calamities and unfunded liabilities of the states & municipalities - like California, Illinois & New York.
Raising taxes will not raise sufficient revenue to prevent this problem from blossoming.
So, what is your solution if you can't spend large $$$ because they aren't available and raising taxes won't be sufficient to raise the funds necessary - not to mention the negative impact higher taxes have on economic growth.
So what's your fix?