Let’s Make America Fun Again

Reference is made to the sport of American football in the context of U.S. Debt reduction.  This reference to football runs the risk of this debt reduction enterprise not being taken seriously.  Those who harbor the idea that the effort is unrealistic will no doubt feel more graven to know that the debt reduction of $7.3 trillion will occur over a 48-month span.

The upper left indicates the nation’s current debt which is the accumulation of yearly deficits.  Increasing taxes or tariffs will increase revenue which can offset the debt.  Reducing spending or fiscal outlays will also reduce or offset the debt.  A combination of increased revenue and reduced spending provides the third option in debt reduction.

The $7.3 trillion dollar debt reduction bowl ushers in (generates) new revenue and omits the reduced spending option. This is not to say that spending cuts are not helpful but spending cuts are not the subject of the debt reduction bowl.  Back to the reference to American football.  The reason the debt reduction effort is framed in the context of American football is that the sport, unlike soccer, has dedicated specialists on defense.  Like U.S. Football, to host a bowl more than the teams playing needs attention.  The accommodation of the spectators, rules of the game, and prizes awarded, all constitute elements of an American football bowl game.  The late Senator John S. McCain lamented the now current situation the country finds itself in when he said “we lack a comprehensive approach to defend ourselves in cyberspace”. We interpret the ‘lack of a comprehensive’ to mean a lack of a ‘whole of government’ approach to defend ourselves in cyberspace.

The debt reduction guide provides the playbook and strategy that incorporates the ‘whole of government’ in producing and orchestrating the U.S. Debt Reduction Bowl.  U.S. Cybersecurity Program -Defense.  The program is but the X’s and O’s being executed by the Jane’s and the Joe’s (i.e. the players).