Make America Solvent Again

This much I have learned about debt after 40 years of writing and study: It is better not to incur it. Once it is incurred, it is better to pay it off. America, we have a problem.

We owe more than we can easily repay. We spend too much and borrow too much. Worse, we promise too much. We conjure dollar bills by the trillions--pull them right out of thin air. I won't insist that this can't go on, because it has. I only say that it will eventually stop.