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The American deficit is a consequence of a corrupted economic model that is costing this country jobs and output, which creates a deficit.
However, instead of our political leaders ending corporate communism and releasing our country's entrepreneurs to challenge the world's most expensive health care system, one of the most wasteful energy systems, and dysfunctional investment and education systems -- they accept campaign cash to protect them.
When you have problems like this, the best thing to do is solve them, not run away from them or pretend they don't exist. You do that by building your way out through investment and education. And as scary as it may be for our government to stop protecting the interests that fund them, it's even scarier not to.
The courage and leadership to release innovations and investment on our country's biggest problems could not only eliminate the deficit, but create jobs and make for lower cost, higher quality systems in everything from health care to education to energy to investment.
The euro firmed on Thursday, on track for its largest one-day gain against the U.S. dollar in two weeks, as investors became more optimistic about a rescue plan for debt-stricken  Ireland.
Gains in the euro, however, may prove short-lived given concerns troubles in that country may spread to other peripheral economies in the euro zone such as Portugal and Spain.
Problems in Ireland overshadowed generally upbeat U.S. economic reports that propelled the dollar to a six-week high against the yen. Data on Thursday showed a decline in jobless claims to a two-year low while factory activity in the U.S. Mid-Atlantic region grew more than expected in November
"At this point, Europe is going to address the Irish problem," said James Dailey, chief investment officer and senior portfolio manager at TEAM Asset Strategy Fund, a mutual fund based in Harrisburg, Pennsylvania.
"I think what you saw over the last two weeks with Angela Merkel (German






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