Here's a monumental, grand master plan - and it boils down simply to the following: grow a pair, slash spending, and slash deep. It's clear that the system is broken, so let's just re-engineer it. I've even got a decent blueprint for it. (No TLDR's, please)
Pensions went the way of the dinosaurs and the dodo bird because companies could not afford to pay people that were not working for them. The vast majority of social security is just a government-mandated pension system, paid by the american taxpayer. The US government is not impervious to the basic laws of accounting - and as such, the present system is not stable in the long run.
Newsflash: Retirement is not free. There's only one way out of this without pissing off everyone in the US to the point of insurrection. Give back
all the money taken for social security retirement - and cut all age-based entitlements from it. You want to retire? Go do it yourself - and quit expecting the government to do it for you. There are a buttload of private-sector companies that are more than willing to help you retire, any one of which can do it better than the government can.
The narrow sliver of people on social security that actually NEED to be on social security (the severely mentally and physically disabled)...I'm fine with paying for that. Although the government would get far better results by outsourcing to a private charity, and contracting with them to care for the mentally and physically disabled. This includes assisted living facilities.
Welfare? Unemployment? Here's an idea: mandatory enrollment in job placement (outsourced to private industry to preserve efficiency). Oh, and the people on social security that need caring for? Here's your workforce to take care of them.
Running prisons is also getting expensive - that needs restructuring too. Governments need to turn a profit on prisoners - or at the very least, break even. Is it somehow morally reprehensible to require inmates to do some kind of work, to pay for the cost of housing and feeding them? How about electric power generation? Put a hamster wheel (or something similar) in each cell, and pay them for the power generated. This way, they can rent nicer cells, and pay for food (beyond the absolute bare minimum to keep someone alive).
National defense - again, outsourcing to private industry could be quite advantageous. Maybe they wouldn't use such exotic, bizarre, and extraordinarily expensive weapons in wartime. It's like a RTS game - build what's cheap, build what works, build lots of it, and fight on a budget. All gamers know this, and all entrepreneurs could make this work.
In times of economic recession, just do the following: announce that any small business (less than say, 500 employees) is tax-free for the next five years, and let the federal reserve begin investment-lending to said businesses. Kaboom - overnight solution to economic recession. Let the huge banks fail, and pave the way for brand new ones to open up the very same hour.
Education - let's face it, current public schooling is just government-run daycare. Outsource it to the private sector, paid for by parents (or the government, if they can't afford it). Require students to learn - and heck, even pay them based on performance.
Infrastructure construction and maintenance: outsource completely to private sector. See the following:
http://www.creators.com/opinion/john-stossel/private-enterprise-does-it-better.htmlAlso, for the senate and congress - they need to speed things up. They get paid very well to do very little. Maybe they should be required to actually get things done. Lock them in a room, send them food and water, and don't let them out until they find a resolution to laws and such. Even the most complicated of issues could probably be hammered out in a few days, rather than taking years.
The same "You don't leave until the job is done" approach could be applied to many exceedingly slow-moving government structures.
Yeah, the government should do something about healthcare - but healthcare is a complex issue. It costs so much because doctors pay a lot of money for medical school, and have to charge high prices to pay back what they owe. Health insurance suffers from a blatant lack of competition - and the inherent problem that profit = how much you can rip people off. One solution: private, non-profit insurance. In fact, any insurance that's not a non-profit could be made illegal. This would greatly reduce the cost of healthcare.
Once the US government turns a profit per person, there is no reason to not open up the borders, and turn incoming immigrants into money.
Also, my two cents on the 1.2 trillion dollar stimulus package:
The VASMIR plasma drive would be finished. The international space station would be finished. We would have orbital shipyards. We would have working fusion power plants, with Helium-3 fuel being shipped in from the moon. We would have people on Mars, at this very moment - thanks to the VASMIR drive taking the trip down to thirty-something days. Then, legalize drugs, at very high tax rates...and use the money we gain to begin building our first colony spaceships. A positive future for humanity requires expansion into the cosmos.
This strikes me as a far wiser investment, since the aforementioned 'tax free' small business solution would have cost a microscopic sliver of what the bailout did - and would have worked much better.
/endrant