the economy

All anybody has right now are just a bunch of hypotheses on how to fix the economy. No one has any actual answers. I, for one, certainly do not possess the answer to this issue either, but I can give it my best shot. First, we must realize that there are two main problems that have to be tackled: spending and reform. It is absolutely necessary that the United States reduces it spending on a variety of programs. Such programs could include military expenses, education and other, and primarily entitlement programs. Entitlement programs include such things as Medicare, Medicaid, and social security, which make up over 50% of our budget. It is essential that these programs be reformed. Cutting back may mean that, for example, a 65 year old may have to defer to a later age to receive proper benefits. The second order of business has to do with revenue. Basically, the United States needs an effective tax reform to address revenue shortfalls, and stemming from that we must reform the corporate tax code and the individual income tax. But really...who am I to know how to fix the economy? I'm just a kid.