Under BJ Clinton on the year 2000 the federal government spent $2 trillion. Now we are spending twice that each year. WHY!?
Has the population doubled? Nope. Has the cost of living? Nope. The number of people on social security and medicare and medicaid? Nope. SO... if we returned to year 2000 spending levels, then the whole dang country wouldn't fall apart, would it? Not at all. That would mean a $2 trillion dollar cut to each years annual budget, wouldn't it?
Yes. SO if we did ONLY half of that it would mean $10 trillion in savings - twice what the most conservative politicians inside the beltway are talking about, right? RIGHT.
And that's what we should shoot for - but not now; in 2012. We just don't have the mandate yet.