And to quote my Father about this (cough-cough) idea to eliminate the defict in ten years...
If the deficit is $100,000, and you reduce it 10% a year, the first year you reduce it $10,000 to 90,000. The next year you reduce it $9,000 (10% of 90,000) to 81,000, then you reduce it 8,000 to 73,000.
Anyway it takes way more than ten years to reduce it to zero. There are even tables to help you figure out where you will be in n years. Greta Van Susteren and John Thune don't understand math, amongst other things.
Sure, Pop! It's all so easy if you take Middle School Mathematics. How do you know Greta and Senator (Democrats are scurred of me in 2012) Thune even went to Middle School, Dad? That's awfully presumptuous of you, sir!
For the record, my Father is Professor of Mathematics, and former Chairman of his Department. One presumes he took Junior High School Math at some point.
