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proposes $218 billion. That's not hope but change for the worse. Both want to apply CO2 cap and trade policies that would plunge our economy into recession, further hastening the nation's collapse.

Mike Huckabee proposes increasing government spending by $54 billion for his nanny state programs, but to his credit, Huckabee supports the FairTax.. John McCain plans to increase spending by $6.9 billion, but that doesn't include the war candidate's war spending, and he wants to apply CO2 cap and trade policies as well. We can't count on miracles or wars to solve this problem.

Ron Paul is the only major presidential candidate who proposes reducing government spending. Ron Paul would reduce government spending by $150 billion, and he would abolish the income tax. As with the FairTax, American made goods and services would compete on a level playing field against the products of our trading partners. Americans would no longer be punished for success. Ron Paul understands the problem, and his plans are a good start, but he's polling at under 10% in the Republican primary.

We have to do better. Understanding the problem provides the simple solution, and the burden of government is the problem. To avoid this situation, we must dramatically reduce the burden of government spending and regulations. If we implement a plan to cut government spending in half, including entitlement spending, over the next 2 decades, we'll avoid the trouble. If we do it today, we won't have to cut existing benefits for seniors. If we also abolish all federal taxes in favor of the FairTax and cut the rate to match spending cuts, we'll return America to a trajectory of greatness, and we'll no longer have to worry about China surpassing us as the world's superpower.

If we address this problem today, Americans won't have to sacrifice to solve the problem. Just the opposite, all Americans benefit from reduced taxes, no income tax, and a booming economy. Future retirees will have greater savings and investments to more than offset benefit cuts. If we follow this plan, we'll experience an economic renaissance, job creation and wage growth, the likes of which we have never seen. We should also reduce the burden of state and local governments to further enrich and empower the people to make America even greater.

Americans make America great, not government. The burden of big government makes Americans weaker, and therefore makes America weaker. The solution for the looming debt crisis is to enrich and empower Americans by dramatically reducing the size and scope of government.

Learn more about this author, Mark Luedtke.
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