Abolish income tax, so that rich people (such as myself) can keep all of their hard-earned money. Oops, there’s a big hole in the budget? We’ll scale down our defense spending. There’s still a big hole? No problem, we’ll just cut some unnecessary programs. Here’s an idea: why don’t we shut down NASA.
Cut social programs such as unemployment benefits and Medicare. You want to eat? Go find a job you lazy bum. You want to go to a doctor, but you can’t afford health insurance? Tough luck. You’re 75 and you have no savings (or, rather, not enough to pay $1000/month for health insurance in the absence of Medicare)? Tough luck.
Start raising rates. What deflationary spiral? What 25% unemployment? We’ll just repeal minimum wage laws to bring manufacturing jobs back to America. If you can’t afford to own a car and a house on a $100/month manufacturing salary – you’ll have to live in a factory dorm and walk to work. Alternatively, consider selling a kidney to some rich man. There’s always demand for kidneys. It does not say anywhere in the Constitution that selling your own organs should be illegal.
If you don’t want to work at the conveyor belt 10 hours a day, 6 days a week – consider becoming a butler (or a gardener, or a maid). Those 5-10% of Americans who make it through the Second Great Depression without going bankrupt will be filthy rich compared to middle-class workers making $100/month. They will be able to afford mansions and servants. Exurbs will be plowed over and turned into ranches.
Whether you end up being a butler or a manufacturing worker, you should feel fortunate. You could have ended up like those poor 20% of folks who defaulted on their upside-down morgages and were sold into slavery. (Oh yeah – the 13th amendment was abolished by President Paul soon after the 16th as contrary to the spirit of founding fathers. Many of whom were slaveowners, as you know. Besides. Mr. Paul felt that it was a good way to prevent moral hazard among homebuyers.)