Someone has to cut spending with a with an axe, not not with an axe with a chainsaw! Someone has to cut taxes, we have a gigantic litigation problem in the US...
We spend two or three or four times as much on health care as any other nation in the world and yet we're not even in the top 25 for life expectancy. We spend huge amounts of money on education and yet we are even in the top 25 for education results...
I mean I could go on and on and on. One of the reasons we have this huge balance of trade deficit is because the high cost of health care and litigation. It cuts our competitiveness a great deal.
