$7.3 Trillion Debt Reduction Coin
There are three sides to the non-denomination Challenge Coin. These sides, as depicted below, are the Head, Tail, and Ring Side. The coin is a non-denomination token because it is not in the US monetary circulation. However, if the United States of America redeems this coin the value is $7.3 trillion dollars.
Origins. This ingredients for the U.S. debt reduction coin were mined over a span of twenty-five (25) years. The ingredients are issues, concerns, challenges, and policies archived, assembled, and minted to form the framework for U.S. Debt reduction. The issues we have faced and the challenges the country has overcome continue to exact other challenges and concerns. One lingering issue is how we as a nation address grievance of the descendants of slaveholders. An emerging yet persistent concern is the on-going cyber threats that infect our networks and control systems thus compromising our national and individual security. Reparations and Cybersecurity are vastly different issues that require quite different approaches to resolution, or do they?
Urgent v. Important. Former U.S. President Dwight David Eisenhower once said “Never let the Urgent get in the way of the Important. The Urgent is rarely important and the Important is rarely Urgent” The $7.3 debt reduction coin symbolizes both the Urgent and the Important. President Eisenhower used a decision matrix whereby circumstances can arise where the Urgent and Important must be done at the same time. Hence, the $7.3 trillion U.S. Debt Reduction Coin.
The Urgent. When something is Urgent is usually doesn’t have a timeline instead it invokes immediacy. The Urgent needs to be addressed now. In the case of the $7.3 trillion dollar debt reduction coin the Urgent is indicated on the Heads and Tails sides and require immediate attention. On the head side of the $7.3 trillion dollar coin is “Reparations: The Kind We Can All Live With”. Reparations is considered an urgent challenge or concern expressed in any number of policies to address concerns and racial issues. On the tail side of the 7.3 trillion-dollar coin is the “United States Cybersecurity Program – Defense”. To date, the country lacks a comprehensive strategy to defend ourselves in cyberspace is urgently needed. In fact, the nation is experiencing a “Tandemic” (TECHNICAL EPICDEMIC) whereby passwords and corporate secrets are kidnapped and ransomed on a daily basis.
The Important. What dwarfs the Urgent (i.e., Reparations and Cybersecurity) is the thirty-six + trillion-dollar U.S. debt. The U.S. Debt is the Important. The U.S. debt is so large that interest on the debt is the fourth largest expenditure in the U.S. annual budget, to the tune of $1 trillion dollars per year. While the Important usually doesn’t carry a timeline or fixed date, addressing the debt is also an urgent issues because $1 trillion dollars per year interests payments is unstainable. The $7.3 trillion dollar coin is a gift whereby binding the Urgent to the Important. The Ring side binds the urgent issues of Reparations and Cybersecurity and in doing so, can generate the revenue to realize the debt reduction. It is the Ring Side that participates in the U.S. Debt Reduction Bowl.
Coin Redeem. The debt reduction coin is no good unless it can be redeemed. Otherwise, the coin is just a symbol and the U.S. debt continues to grow. The debt reduction coin is redeemed for cashed by following a set of methods and procedures in for form of instructions for participating in the U.S. Debt Reduction Bowl. The U.S. Debt Reduction Guide or (DRG) is the playbook or set of instructions for redeeming the debt reduction coin. The DRG instructs the Ring side of the coin, nation’s elite video gamers, on conducting the U.S. Debt Reduction Bowl. The Debt reduction Bowl is described in the guide incorporating the tail side: U.S. Cybersecurity Program – Defense. There is a strategic and necessary reason for expressing the Important and Urgent issues in the culture of American Football, it is no accident. The Debt Reduction Guide is the x’s and o’s that incorporates the Janes and the Joes’ (the ring side) for a comprehensive strategy to defend ourselves in cyberspace.