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I was waiting for someone to ask this question but not holding my breath. There is no way for the budget to be cut in half in one year but over a period of time in could be cut enough to make a huge dent in the close to $ 138 trillion dollar national debt.
You said that the budget should be cut in half. Now you admit that I was right that this is impossible.
The ostensible "sound approach" to economics would be when the economy goes into a crisis, and tax revenues plummet with a drop in income, then taxes should be RAISED to keep government funded at the same rate. Everyone knows that this is the way to disaster, as it would reduce profits from a decreasing number of businesses that were making money.
Keynes' ideas were a whole lot better than yours. Eventually, government deficit spending caused the country to recover from the Great Depression. If not from FDR's various plans, but from spending during WWII.
It is the nature of capitalism to produce a crisis every seven to ten years. Keynes observed this, and recommended deficit spending in a crisis, and tax rates above spending in good times. But the rightwing refuses to raise taxes to compensate for any previous deficit. Instead, all we hear from the reactionary right is tax cut, tax cut tax cut.