The only way to eliminate the deficit in the long run is through growth.
The term 'income inequality' is a bit misleading because it suggests in a somewhat pejorative way that the rich are getting richer at the expense of the poor.
One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use.
It is a little surprising given the strength of the economy that there is a perception - at least among some of the public - that the economy is not very good.