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Their social programs are capped based on tax revenues they bring in (instead of taking on debt), unlike ours, perhaps we should look at doing that? They have a lower debt than we do (28% of GDP vs ≈100%), but they have a lower corporate tax rate than the U.S. does too, so perhaps that's the cause of the lower debt? They do have a ≈78% surcharge on oil/energy (which is why gas costs $10/gallon), but they collect a lot more of their tax revenue from VAT tax than from oil or corporations, so taxing oil profits isn't why they have a low debt ratio.