The number one priority for the U.S. should be to invest in rebuilding its struggling economy.  Many polls have indicated the economy is the number 1 concern of American voters.

For the past decade U.S. industry and economic growth has nose-dived, causing some of the worst economic times for the majority of Americans.

The outsourcing of American jobs, escalating cost of living expenses and poor "free trade" policy are merely some of the issues facing our economy.

More unemployment, a decaying of our domestic infrastructures and selling of American owned real estate (harbors, airports, toll road projects, stocks & bonds, etc.) are creating various problems for our growth.

Not only has the U.S. administration a responsibility to its citizens to modify and redirect its struggling economy, but the economies of many other struggling world nations are directly influenced by ours.

An interesting fact is that emerging markets represent approximately 80 percent of the world's population and 20 per cent of the world's economy.

Egypt is one of those emerging nations having accomplished a large turn-around in its economic development.  It hasn't happened by accident.  Still Egypt has a long way to go to become a world economic leader even though it rapidly is becoming a better market for foreign investment.

There are reasons for emerging nations e.g., Egypt, changing themselves into world economic powers.  For the past several years Egypt is not only making positive changes on economic reforms in reducing tariffs and taxes, but also on monetary policy operations.

It is common knowledge that for years Japan has been a world economic leader; however, recently it too is dealing with an economic slowdown and must make certain modifications to remain a world leader.

Some of the more important factors in elevating a nation's economy focuses on pursuing strategic economic reforms:

• reducing a huge fiscal deficit
• build successes in IT and financial industry
• increasing productivity and the productive use of capital
• use of innovative options and policy to break away from traditional actions and strong political leadership
• build "bridges" with other world nations
• initiate political as well as economic reform to facilitate more change
• reduce non-performing loans
• improve standards of accountability and disclosure
• improve the labor market and increase opportunities for elderly workforce
• reduction of public spending and increase or modify tax revenues
• review and modify tariffs and other taxes
• improve 'free trade' agreements to benefit itself
• create more jobs and provide companies with incentives for hiring more workers
• reduce and/or expand the corporate tax structure to facilitate and improve job and business growth
• rebuild our infrastructures
• modify and improve federal tax codes and processes
• provide incentives for research & development project; energy alternatives, oil digging, developing jobs in current and new fields, recycling trash, etc.
• investing in the future of our children and to improve on their overall educational learning outcomes so they will be competitive
• improve on export / import ratios
• raise living standards, increase opportunities for the local population and attract foreign investment.

These are some good options to increase overall productivity and to elevate a nation's' economy.

U.S. leaders and congress have been relaxed in their economic focus and must rise-up to the challenge providing the changes that will regenerate the ailing American economy and to keep it strong on the world market.  We have become lazy to the point of 'knocking ourselves out' of world contention and recognition as an economic world power.

Our American dollar continues to drop in value and we must change our course dramatically to maintain our edge in the world market.

We must continually strive to improve ourselves.

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