The perception of the United States has changed for the worse in recent years. The level of respect has declined as we grapple at home with a sluggish economy, a dysfunctional government, swelling debt, and a declining dollar. We still try to be the Lone Ranger to the world. We still wrestle with two unpopular wars that contributed alot to our debt problems. Confirmed today the debt now exceeds $15 TRILLION and 16 coming soon. Our government is out of control with spending; it is like a freight train heading down Mt. Everest. We have the gall to tell the Europeans to solve their debt crisis when ours is nearly as bad!
If we want to retain our position as the leader of the world we need to get our financial house in order fast. Decisive action must be taken by the new administration to balance the budget within 3 years or less and required by amendment to keep it in balance thereafter. Yes, spending must be cut across the board including sacred cows and defense. We can retain a solid defense with less waste and command more respect as we return to a financial position of strength.
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