Fixing the national debt

It's no mystery that our country has a ridiculous amount of debt, grossly huge even. We've spent exorbitant amounts of money that we don't have on hand on pursuits that don't help anyone, and we've got a huge problem with income. So, there are two sides to the problem. Expenditures and Income.

Here's how you fix the income: Fix the tax code. For many years, the richest of the rich have been able to exploit the tax system to get away with paying either NO taxes, or an extremely small amount of taxes. This has to be fixed, and a more fair and equitable system put in place. The loopholes that the rich and wealthy use have got to be plugged up. For this to happen, there's going to have to be a big change in policy which will be opposed by these fat cats, and don't forget that they own a lot of politicians, too. So you'd need to get them out of the way while you fix that damage.

As for expenditures, we've got two important factors. Long term and Short term. Short term, we can easily cut our military. We don't need to rule the world any more, in fact, we should be content with a military only twice the size of the next biggest country, not one three times the size of the rest of the world put together. Long term? We've got to figure out what to do with medicaid and medicare, because we're about to have a huge influx of elderly people that need medical assistance, and that's going to send the economy down the tubes even farther.