We’ve got lots of debt, massive entitlements and aging boomers. Islam and Latin America are also infiltrating.
If this economy gets unshackled and grows, great. But we’ve got some problems in our very soul, and a dynamic economy isn’t the only answer.
There is a cubic s--tload of debt deleveraging, public and private, which we must work our way through.
Getting rid of Obamanomics and returning to market principles (the most important of which is that no bank is "too big to fail") can put us on the path to recovery, but no one should delude himself that this is an instant, painless quick fix.
The real challenge for Romney/Ryan will be to get this across to Joe Sixpack while not sounding like they are repeating the Obama script of blaming the predecessor.