None of the imperatives will be politically popular unless our leadership can persuade the country of how necessary this is.
We simply have no choice but to think about programs that will give us the chance to gain control of our economic future. It will require real leadership and inspiration to persuade people to do what they know they have to do, even though they instinctively won't like it.
Our political leadership—both parties—is evading these central budgetary problems. Washington keeps fighting for narrow partisan advantage while critical national problems remain unresolved. So far, the politicians have failed to explain how we are going to address our future debt and accept the limits of what the federal government can do. If they fail, we will be saddling the young with huge debts and immense taxes, and the American ethic of believing in a better future for our children will be in jeopardy.
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