Waters@7: Cut military waste yes, cutbacks on R&D, size and readiness NO! Our defense is THE only thing keeping us safe and for that matter the world safe from Iran, China, jihadists and so forth. Cutting back in our military like reducing our naval force is wrong, wrong, wrong. If we cannot project our power, we lose our ability to get the bad guys to consider the consequences of their actions.
Grow the GDP. Baker@4 is right on target. Reduce corporate taxes and create a less hostile (litigation, unionization, regulation) industrial atmosphere for industry and reopen our steel mills, fabrication mills, textile industries. Stop our one-sided trade imbalance with China. No more companies locating off shore.
A president should be able to zero out programs and departments. That is where the real cutbacks need to occur.
Ten@8, and Yo@5: You are both saying the same thing. Okay we know the Fed. Res. has controlled our economy for years. Some may call by fiat. What can we do? Go back to the gold standard? I’m curious.
