Zakaria, Fareed, “America’s future faces a lot of doom and gloom, but perhaps its largest problem, the budget deficit, has a solution (VAT),” Fareed Zakaria, GPS,” 02/28/10

“…We have big problems, but the biggest one by far is the growing national debt.  It’s worth reminding ourselves that this is not a fact of life that we simply have to accept.  There are many simple economic measures that would correct the budgetary mess easily.  Let me give you just one – a value added tax.”

http://www.youtube.com/watch?v=VXHQ5ZFGAF8