The solution to this problem cannot be achieved by getting a bigger loan from a different part of the macroeconomy. All that does is to postpone the subsequent deficit (and add to its service-costs in terms of interest). The mere shuffling of money around the macroeconomic scene will not achieve any long-term benefit. This is because nothing more is being done to reduce what is implied by the owing of the money. The fact is that the goods which we have taken and enjoyed now need to be replaced by other goods (money is only the exchange medium, without having an intrinsic value and worthless in actual use without the goods). The emperor is without his clothes, but the politically blind will not even try to see! To produce more than what we consume will allow us to export some and eventually to clear this huge debt. To achieve this we need lower production costs because just about everything we export is either a military item (limited on who we share it with) or is likely to be met by stiff competition, which in effect means that the Dollar is being treated as if is worth more that what its real value is. To produce goods more cheeply the costs or returns to land, labor and capital must be reduced. With much pain the latter two returns can be lowered by current accepted means, but the return on the land is something we seem to be ham-strung about. Its speculation was after all, the cause of the present crisis and its high cost was due to the way that its value is exploited and the withholding of its availability drove up its price, to levels where nobody wanted to do more work in building on it. This is the present limitation on our economy. This is the present cause of our lack of ability to make progress. Speculators in land are STILL doing the same thing and stopping us from have an opportunity to work. Without changing this no economic recovery is possible. This stumbling-block must be removed before our economy can recover. Land values need to be reduced to a level where it becomes worthwhile to build on the land again. The solution is to: TAX TAKINGS NOT MAKINGS The way to bring this about is by the introduction of a tax on land-values and a reduction of taxes on all of the other production related parts of our economic system. Only when it is too costly to hold onto land without using it at the rate for which its value is naturally created (by the surrounding community, but thats a separate subject), will the need to sell it and put it to use count for more than the current monopolistic speculation in its value. By collecting this potential return for its use (the ground-rent) from the land holders, there will be a change in the way the land will be used and the economic system will at last cease to be so badly strained that it cannot really see the way forward. Land value taxation is important because of its incentive effects and not due to the income that it provides. Land monopolists are screwing tight the stiffling effect of their selfish hopes for a "big kill" against their unawareness of a "national genocide" created by their holding the landless workers at ransom.