 That simply is unsustainable. The only other time in our history when we've reached that level of debt relative to GDP was at the end of World War II when we had exhausted all of our resources for our nation's survival. And we were able to grow our way out of that, but only because Harry Truman cut the federal budget from $85 billion down to $30 billion in a single year. He abolished the excess profits tax. He slashed federal income tax rates.