This is actually something we try to do about once a week, come in here and actually sort of talk about our unified theory in our office: What do we do to, basically, keep our promises? Here is a thought experiment. Social Security and Medicare are two of the greatest fragilities we have in our society because we are getting older very fast. Remember, we have talked about this over and over and over. In about 8\1/2\ years, 50 percent of the spending in this body, less interest, will be to those 65 and up. How do you make the math work? And in an intellectual, lazier time, you would get some that would say: Well, we could raise taxes here or we can do entitlement reform here. Well, it turns out that math really actually doesn't work anymore. Now, we actually have to do everything to make the math work. So we have been trying to actually sell this concept that it is economic growth, and within economic growth it is how we design our tax system, how we design trade, how we design our regulatory environment, how we actually do population stability--and this one actually gets complicated. You saw the article in The Wall Street Journal today about what has happened to U.S. birth rates. How do you encourage family formation, but also how do you deal with the immigration system that maximizes a talent-based immigration system to maximize that economic velocity?…
David Schweikert: “This is actually something we try to do about once a week, come in here and actually sort of talk about our unified…”
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