government five percentage points of gdp higher than our present tax system can even raise, one of those has to give. in the election, the american people need to speak. if we all collectively want a big government we need to start talking honestly about how to pay for it. >> talking about how to pay for it. we have to pay for the life we already led has to be paid for essentially. politics aside, this year, down the road, how do we deal with debt in a serious way without raising taxes? >> i think the first step is pick long-term problems. as i argue in the book, seeds of destruction, the entitlement problems are the large fiscal problems. social security is the easiest one to make progress. i think we can say to ourselves, we have a big, unfunded liability there. the burden of that should not be borne by lower income americans but by higher income americans. the way is to slow down growth for higher americans. if we did that, we would give