Steve's barking at vat

What is VAT? Sounds like something out of a vampire movie.
 This is what Big Pauly of the Obama administration is suggesting that we do to reduce the deficit. 
 Now if I understand this straight everything we buy will end up costing us 10 to 30% more.
This is a bright idea, we should reduce the amount that we spend on discretionary income. Maybe we can actually have 25%  permanent unemployment.
 Lets me write of another way to reduce the deficit. Shore up social security by adding 1% to the tax and having no limit on when you stop paying the tax. That way we will never have to pay back what we owe on what was borrowed from the trust fund.
 Next we should put an import tax foreign oil, this will have a disincentive for us to import oil and give the oil company an incentive to make oil from algae and from shale.
 Next put a 20% tax on imports that sell 80% of there manufactured goods to the U.S. (I'm talking about factories here)
 Next put an excise tax on any company that moves it's company off shore, forcing them to pay the highest amount that they paid in taxes over the last five years for the next ten.
 We shouldn't worry about what we owe the treasury after all they can print their own money and pay themselves. It's our treasury after all.
 I think I writen about how to cut our deficit by about half. Rember the old saying the country that runs a surplus year after year will not last very long at all.