What L3 said!

We need a Constitutional Convention.
Lets start right here, right now.
First thing we do is take away or cut back on Congress’s power of the purse. ALL budgets are done in arrears using ONLY the funds collected the year before.
Right now there are laws regarding deficits by the Feds. So when it looks like those laws will create a shortage of pork, they get re-written. Let Congress try and get a Constitutional Amendment every time it needs/wants more pork. HeHeHe.
If we the people control how much federal income is raised and how. Congress will have only the power to decide how it is spent. We will then be half way home.
Politically, we need to use the anxiety created by ongoing economic conditions to see to the future.
Once the means are there to prevent a re-occurrence we can then work on fixing the current problem.
It has to be done in that order because there is no consensus about what started this situation. Many opinions and I expect the “truth” is a mix of many things. But until there is such a consensus, fixing it is impossible.
I’m not explaining this well. We need an entire new system, if you will. One that automatically prevents economic troubles of this nature.
Then we can work on why and how. This sounds like “Sentence first, Trial later” when what I want to say is “Fix the problem, then fix the blame.”

If America was a shed it would hold a LOT of very sharp tools. I have no doubt that someone will figure out how to resolve the current mess. If we don’t have a new system ready to go, then the same old system will just produce the same old mess, only new.
Those that refuse to learn from their mistakes are doomed to repeat them.