kari:
"One path is to starve the beast, that is, shrink the entitlement society; lower taxes to all irrespective to the needs of balancing the budget; increase a military budget that's screaming obesity; and remove all regulatory compliance to ensure a healthy capitalism".
Military spending pay large dividends to the rest of society in terms of R&D and technical development. The US military has always been the incubator on front-end technology, including the very internet which has transformed our world. Too much regulations have saddled business with enormous burdens and setting the stages for the larger to do well. Small businesses are struggling to gain traction due to this and is hurting the overall economy. We need to get back to the roots, reduce leftist influences and return to pragmatic capitalism.
The problem in the US, too many theoreticians who never ran a cakeshop running the show. They can make good speeches, write great thesis and academic dissertations but hardly know how to get things moving. What the US needs is people who know how to get tangible things done, not those who only know to horse-trade in the halls or power. We need to move away from community-organized social welfare setting to a more business organized entrepreneur setting.