Right at the moment when we most need to shore up the troubled global economic order, America -- the architect of this very order -- is failing to lead. Even as the United States remains pivotal to global growth, U.S. corporations -- the engines of the American economy -- are stifled by taxes, regulations, and policy uncertainty. Gaping fiscal deficits in the United States are undermining the dollar, exacerbating trade deficits, and undercutting U.S. economic dynamism and credibility in world affairs, but political posturing has obstructed the country's path to solvency.
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