America's Leadership Crisis - Page 3
Published: August 14, 2011 at 11:59 am
The cascade of fear gets magnified when government statistics show that the U.S. economic growth slowed down sharply in 2011. The Fed pledged this week for the first time to keep its benchmark interest rate at a record low at least through mid-2013. This highly unusual move by the Fed's smacks of desperation, and reinforces the image that this administration doesn't know what it is doing.
Add to the economic anxiety, the ongoing security challenges that our nation faces around the world, and we can see how it might serve to justify a certain attitude among consumers that there is a general lack of leadership in Washington today.
America needs leaders who will rekindle our optimism, unshackle the regulations that are stifling small businessses, and stop this class warfare talk that is destroying our country.
America need leaders who will unleash the power of American ingenuity. We need leaders who aren't afraid to make the hard choices for getting our financial house in order. America needs great leaders who know how to build a stronger America for future generations.
The situation that we face today in our country is that we have problems we can fix, but President Obama doesn’t seem to want to address. Our nation simply cannot afford the cost of entitlements, especially now when one out of seven Americans in on food stamps. There is no way raising taxes can fix entitlement problems.
Human dignity comes from the pride of getting up in the morning and going to work to support your family. Yet today we have generations of Americans who have no idea what that feels like.
The selfishness of the so-called entitlement mentality has been created by politicians who commit our nation to unfunded entitlements that are certain to become future broken promises.
At some point, the deep cuts in entitlements necessary to reduce our national debt will only increase consumer anxiety, especially among those who are certain to lose their benefits. To see the future of any country where a large percentage of the population is dependent upon entitlements, we need to look no further than Europe.
America's greatest problem is a crisis of leadership. The recent strategy of creating a super committee to fix our economy is not leadership--it is passing the buck. President Obama will need a great deal more than luck to restore America's confidence in Washington.