>Once a new president is in and a real economic strategy is put in

<flame suit>

As an outsider looking in, I think the problem is the USA, as a nation, isn't really ready to do what needs to done for a 'real economic strategy.'

1) You need to run balanced budgets, from the municipal to state to federal level.

2) You need to pay down your giant debts.

You can't really belt tighten more than you already have - Bridges are falling down, schools are falling down, people are using ERs as their doctors offices etc.

So the only solution I can see for the US to balance your budgets and pay down your debts is to raise taxes, either income taxes, or, more likely, a national consumption sales tax.

Canada went through this in the early 90s. Everyone hated our consumption tax, but now the budgets are balanced.

</flame suit>

Cheers,
Geoff Glave
Vancouver, Canada