Oh, and on topic: I would favor some system of mandatory service(not strictly military) either before or after college(ie you could delay it by attending college, but not avoid it), if a system was put in place to make it work. I think it would be very difficult to make such a system work however, if not impossible.
and I am not panicking. I have the means to move to areas where the creeping crud of socialism is not imminent. The fact that most of us who are in the top 2% can do that is another reason why the poop's gonna hit the fan the way things are going.
Needless to say, this would probably require some tweaking, but is a pretty rough guide as to how I would handle things. No tax cuts until the budget is balanced, as I don't think tax rates now are so high that they significantly lower any ones standard of living.
raising taxes is not fiscally responsible if those tax hikes don't really result in additonal income and spending is increased