Cleaning up our massive national debt is a problem that vexes both politicians and economists. What mixture of tax increases, spending cuts, and GDP growth can dig us out of the hole?
As it turns out, there is a much easier way to reduce the national debt: beat Barack Obama at shooting hoops.
Working in concert with top market analysts and computer programmers from around the world, Human Events has devised an extremely complex computer model of how this would work. It can be accessed by going to our Facebook page and clicking the “Obama Basketball” link on the left-hand side.
Boiled down to its essentials, this advanced macro-economic theory involves reducing the national debt by $1 trillion every time you score a basket on Obama. The debt goes up by a trillion dollars every time he scores a basket. I think we can all agree this is a fairly realistic simulation of how easy it is for President Obama to rack up another trillion dollars in deficit spending.
As for the simulated difficulty of reducing the debt, well… do you really think there’s anything Jeremy Lin can’t do?