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For a free country to continue thriving, there have to be regular reforms, because any society, any economy that stays in place, you're going to see repeated attempts to exploit the openings for twisting policy to the advantage of those who already have wealth and power.

What we need in America is a renaissance. We need to go forward by going backward.

We need to reclaim our American system of limited government, low taxes, reasonable regulations, and sound money, which has blessed us with unprecedented prosperity. And it has done more to help the poor than any other economic system ever designed.

As much as we need a prosperous economy, we also need a prosperity of kindness and decency.

Prosperity has brought complications. Our lives are busier, faster, more stressful. They're nostalgic for a simpler, slower time.

Our country, like every modern state, needs profound democratic reforms. It needs political and ideological pluralism, a mixed economy and protection of human rights and the opening up of society.

If we can return to a government that the Founders, in their wisdom, envisioned for us, we can return to a government that will allow our economy to thrive again, and our people to live in liberty.

The only way back toward a democracy and economy that work for the majority is for most of us to get politically active once again, becoming organized and mobilized.

Essentially we need a new social consensus for economic reform as New Labour has achieved in Britain.

So now we are pushing economic reform, bank reform and enterprise reform. So we can finish that reform this year, in September or October. Then our economy may be much more, you know, normalized.