Unfortunately true.
Any leader who would do what needs to be done would never be elected because he/she would cut off too many people's government gravy train.
I'm more and more convinced of this.
We're going to fall.
It won't be ravaging hordes of MZB's and cookie-cutter neighborhoods turned into impromptu village compounds... and it won't involve the die-off of 75% of the population... but we WILL get so poor as a nation that our currency will be worth 10% of what it currently is worth. Buying groceries for a family with a $50k/year income will be challenging. People will set AC thermostats to 90 degrees instead of 75. Heaters will go to 60 or 55, sweaters will be worn indoors and extra blankets added to beds. Fewer homes with cable/satellite. Widescreen TV's sit unused because of electric draw and heat generated by them, and less incentive to watch since there are fewer cable purchasers. Neighbors will split the cost of internet access with each other via wireless tech.
Poor people on welfare will be compelled at the point of starvation and necessity's sword to get off their azzes and find ANY job, and minimum wage will be ignored as well as under the table hiring practices.
It'll be damned hard for anyone making less than $50k/household to scrape by, a dramatic change in lifestyle to anyone making 50-100k, and a major lifestyle adjustment to those making less than a million a year.
And it'll be that way for a few years.
There is no dodging it, because anyone who will run on a platform to fix this will not get elected. It's falling. The only thing left to do is ride it out with food, friends, and common purpose. Any food you buy now and set back against the future will outperform your stock investments if measured against inflation, when you need food in 6 months to a year.
Food, friends and common purpose. Work to take charge of your grassroots governmental structures. GOP/Dem legislative district committees. City Council. School boards. Heck, PTO groups. County board of supervisors. Maybe state legislature.
This will be an extremely painful re-education of the American population, courtesy of the policies of the Worst Generation and their decision to borrow debt against my life and that of my unborn and unconceived children.
However, it is my sincere hope that we emerge from it having learned the cost of Socialism. If not, then it may be time for other actions.
ETA: My picks are a pair of RINOs that are going to pay lip service to Ron Paul and the R3volution movement, perhaps promise to make Paul the head of the Fed Reserve and then "discover" dirt on him that makes such an appointment rescind-able. Probably Mitt Romney for prez, not sure who for VP.