INDEPENDENCE, IA – As American consulates burn abroad and the U.S. credit rating burns at home, U.S. congressional candidate Ben Lange today issued an urgent call for new leadership in Washington, arguing that America’s fiscal deficit is exceeded only by America’s leadership deficit.
“We are facing a crisis of leadership in America,” Lange said Monday. “Congressman Braley has been in office for 2,084 days and still doesn’t have a plan for putting us back on the right track. Our fiscal deficit is exceeded only by our leadership deficit and Washington politicians have become the captains of American decline. We need leaders who are less concerned about reacting to polls than shaping them. We need new leadership and we need it now.”
Lange’s statement follows his release of a “Compact with Iowans” last Wednesday, the day after the U.S. ambassador to Libya was assassinated, which outlined Lange’s written promises and plan for putting America back on the right track towards economic growth and prosperity.
His statement also follows Friday’s downgrade of the U.S. credit rating by Egan-Jones after the Federal Reserve announced the third round of the controversial monetary policy known as ‘quantitative easing.’ The S&P issued the first downgrade in American history last year and Moody’s has warned of a third downgrade if Congress cannot avoid the forthcoming ‘fiscal cliff.’
“Iowa’s seniors should be outraged at the monetary policies of the Fed which are devaluing the U.S. dollar and eroding the value of seniors’ life-savings,” Lange said. “The U.S. government recently demonstrated the failure of economic intervention, now the Fed appears poised to demonstrate the failure of monetary intervention as well.”
RELATED: “Hill Ignores Fiscal Cliff Warnings,” POLITICO, September 11, 2011.