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"Pogo said We have met the enemy and the enemy
is us."
-Marilyn Moon:
Senior Fellow at the Urban Institute
When formulating deficit policy, no single initiative
offers an economically sufficient and politically feasible solution. Thus,
Project 2030 advocates a series of proposals that reconciles economic solutions
with political limitations. Our primary objective is to increase public
awareness, as we believe this goal will then force politicians to
address the issue using the following techniques. There will need to be a
combination of both reduced benefits and increased revenue, although
this need not be drastic. To make sure that the additional revenue is not used
for increased government spending, we advocate the creation of a safe account
protecting entitlement program revenues. Last, by restructuring our economy to
brace for the impending generational imbalance and improving economic
efficiencies, the United States will successfully be able to reduce the
long-term budget deficit while helping to sustain long-term economic growth.
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