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For most of the ninety years since James Truslow Adams coined the term American Dream, most Americans still believed the fairy tale of the American Dream, that no matter how humble your beginnings, everyone had a fair chance to become a success in America, based upon your individual talent, intelligence, work ethic and a society that rewarded those who exceled. Sadly, that dream is no longer achievable for most Americans. Our society has devolved into an oligarchy since The Epic of America was published in 1931, where a powerful few rule over a willfully ignorant many through propaganda, mis...

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And interest right now, the trajectory of debt, deficit and interest will match any of the pigg countries. portugal, italy, spain, match it. of course, we're lots bigger. >> the healthiest horse in the glue factory. so what can be done. >> yeah. >> to fix the debt. >> look, the reality is our debt to gdp is 73%. the historical average is 40%. the highest in history was 180% after world war ii. in ten years we'll be at 85%. now you start getting close to italy and some of the other countries that have problems. so, you know, this is a problem where you can run but you can't hide. i think that i...

The historical average is 18% going to the federal government. one way to get more money is cap deductions. if you limit deductions to $50,000 per punish person, to take care of the missed-class person and then some, you could raise $750 billion in new revenue. to do what? to pay down the debt. we need more money to get out of debt. and to lower tax rates for corporate rates and other rates to create more jobs. i am willing to put revenue on the table to pay down debt and create a better economy. but my democratic friends have to reform entitlements. what will make us grief is not raising taxe...

Projected spending but we will have to have more revenue thap the historical average. how you achieve that matters and when you achieve it. we should do it through comprehensive tax reform and basically, in this tour, well try to help people understand what the key principles are that are necessary to get bipartisan support. >> i hear what you are saying david. but how do you fix that log jam? how do you compromise? >> two ways. this is not a partisan issue. the truth is, president george walker bush was fiscally irresponsible and frankly so was president barack obama. the burden barometer has...