The debt problem in the US is bubbling progressively in three different sectors: the Federal Government, the corporation, and the consumer. How are we going to address these issues before they destroy the economy?

The U.S. debt problem can be addressed only by ensuring that it does not devalue the U.S. dollar and the U.S. economy. A decline in the U.S. economy will worsen the debt condition and reduce the economic growth of the U.S. Ensuring that the economy remains stable and the prices of products and services are stable will mitigate the issues arising for the Federal Government, the corporation and the consumer. A stable economy can produce the required revenue to help reduce debt and increase public funds for corporations. A stable currency also increases the income generated from exports, primarily because of the tax generated from U.S. exports. The U.S. dollar has a high value against all other currencies, which earns the U.S. significant profits from their exports. Another way of addressing the debt issue is by increasing tax rates for U.S. exports to generate more revenue generated to the debt repayment without causing inflationary matters in the U.S. and other countries.

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