Here’s what Lord Black (econ PhD & virtually universally well-liked blogger, quoted even by Kthultu) said:
Grow the damn economy and the deficit disappears. The end.
I merely add this observation to “Armando, you ignorant slut,” and “booman’s Christmas ass-kicking,” in order to drive home my point, that not all things are that simple, are they? Nor should they be to liberals, in particular, the devotees to reality and reason. These spiraling crises (resources, energy, & econ) are systemic. So, quit acting like fools. I always imagined you as smarter, but yer failin’ big. Republican Big.
I honestly recommend Sir Stirling as a starting point for your madness. It will help maintain your Earth’s orbit, at least.