#1; that the Federal government would begin to use "Generally Accepted Accounting Principles" (the ones that the rest of us are required to use by law) and declare bankruptcy, admitting the colossal debacles that are Social Security and Medicare. None of us under 40 (at least those of us who are sane) were counting on them, anyways, so we might as well make it official.
#2; that we'd collapse the size of government by instituting a modest tariff of 10% or so (get rid of NAFTA & GATT too, no 28,000 page treaty can make sense) and incrementally reduce the size of the budget as more and more spending becomes unnecessary.
I can dream, can't I?
Read the whole thing - I'm assuming there's another side to this story, but it's a hell of a story: [Michael Chambers's] nightmare began when a Mississippi social worker, Kyra Re...
3 hours ago