The debt is piling up for every man, woman and child that lives in the USA. And yet our politicians refuse to cut the federal spending. We CANNOT TAX our way out of the debt, but with major spending cuts AND time, we can GROW our way out the debt. THAT IS, we allow the private sector to grow and prosper and reform the massive regulations and reduce corporate tax rates on our industries.
It does not take a rocket scientist to understand why US companies have moved and are continuing to move overseas. It's the cost of business stupid. Make it profitable to operate in the US and there will be a major influx of companies moving back to the USA. With those companies comes jobs, with those jobs comes more income that can be taxed.