In some respects, it's overdue. The US is has the most debt in the world. The debt-to-GDP ratio is 100%. Spending exceeds income. Would you loan the US money?<p>Until the Dems and Reps stop trying to win elections and start governing, things will not improve.<p>We need to spend less and collect more taxes.<p>We also need to stop imagining that there's a 2-4 year fix. This is not an economic crisis. Several decades of poor leadership producing fiscally irresponsible legislation put us here. It's going to take 5-10 years to correct. Lots of Americans will have to learn to live with less.