John Stossel

I propose selling Amtrak. Why is government in the transportation business? Let private companies compete to run the trains.

And we must finally stop one of the biggest assaults on freedom and our pocketbook: the war on drugs. I used drugs. It's immoral to imprison people who do what I did and now laugh about.

Still, all these cuts combined will only dent our deficit. We must cut Medicare, Social Security and the military.

I know. Medicare and Social Security are popular. But they are unsustainable. The only way to cut costs and still have medical innovation is to free the market. So I propose that we repeal Obamacare immediately. My proposal was a mistake. We should repeal all government interference in the medical and insurance industries, including licensing. It all impedes competition.

We must shrink the military's mission to true national defense. That means pulling our troops out of Germany, Japan, Italy and dozens of other countries. America cannot and should not try to police the world.

Those cuts will put America on the road to solvency. But that's not enough. We also need economic growth.

Our growth has stalled because millions of pages of regulations make businesses too fearful to invest. Entrepreneurs don't know what the rules -- or taxes -- will be tomorrow.

All destructive laws must go. I endorse the Stossel Rule: For every new law passed, we must repeal two old ones.

OK, Obama will never say that.

But I can dream, can't I?


John Stossel

John Stossel is host of "Stossel" on the Fox Business Network. He's the author of "No They Can't: Why Government Fails, but Individuals Succeed." To find out more about John Stossel, visit his site at >johnstossel.com. To read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com. ©Creators Syndicate