Here is the speech that President Obama should give (though I know he won't) that would guarantee the success and recovery of our nation:

My fellow Americans, we are still mired in a deep recession.  The seeming improvement that we have seen in some sectors of the economy for past year are in fact, a mirage.  By printing huge amounts of paper money we have essentially created the illusion of stabilization which stems from many  economists and politicians who don't understand the difference between price and wealth.

The printing of money creates a higher price – but it does not create wealth.  The difference is,
once the printing of money stops or you, the public, lose confidence in the currency, the artificial
price will collapse - as opposed to true wealth that hold its value regardless.  Sooner rather
that later if we don't make a change, one or both of these things is going to happen and no
amount of wishing it to be otherwise will prevent that.  The government has created yet another false bubble of wealth by printing money and if we don't do something right now, the next collapse will make the last one seem like a happy memory.

Therefore I am changing course and today I announce a new way of running the federal government. In broad and sweeping overview, we are going to stop printing fake money, stop new regulation, repeal old ones, and cut taxes to an unprecedented level.  By doing this we will unleash a new wave of real wealth creation unlike we have ever seen before in this country.

Specifically, I am taking the following actions:

1.  I am issuing an executive order suspending all new regulation by unelected regulators in
all government agencies - effective immediately.  While the Congress passes about 1000 new laws each year, which is a disgrace, regulators issue roughly 10,000 new regulations each year. All of which are nearly impossible to repeal without Congressional action.  This creates absurd costs for compliance by business and that means fewer jobs.  Further, I am asking the Congress to suspend all new programs and laws and to spend 100% of their time repealing the most heinous of the existing regulations and programs that are weighing down the economy.

2.  I am introducing budget-reducing government spending, across the board by 33%.  That's right, a third. This  is not the usual slowing of spending disguised as austerity but real cuts.  That means an end to  a lot of programs from farm price supports, to corporate subsidies, to weapons that we don't  need, to so-called entitlements.  This will make a lot of you scream - but it is time to grow up and understand that we are out of money and we cannot create any more out of thin air to provide benefits for a particular constituency just because they want it.  But don't worry, things are going to get so good in the economy that if you are willing to work and make the effort, you are going to be just fine; better than ever in fact.  If you are not willing to work, well,
we are not going to spend another dime benefitting those that want to ride in the wagon.  From
this time forward we are going to benefit those that pull the wagon.  It's really simple; beggars
can't be choosers.  A child knows that and now grownups have to recognize that as well.

3.  I am introducing an elimination of the corporate income tax - thereby making the US the best place in the world to do business.  That means jobs and opportunity for you.  Oh, there will be less money for the government, but we are getting out of the way from now on.  Private enterprise is the engine of prosperity.

4.  I am introducing a flat income tax rate of 10% without deductions of any kind.  From this
point forward you will be able to file your federal taxes on an index card.  Simple, easy, and
cheap.  The government will have to live on the money that is raised.  New borrowing and the
printing of paper money is from this point forward prohibited.  This will mean the end of whole
federal agencies like Commerce, Energy, the FDA, Education, Transportation and more.  Of course your home state already performs most of these functions anyway and the federal government has been nothing more than a redundant expense, killing the economy.  Let's be honest; there is no such thing as a federal program or agency that works as it was intended.  We are just going to do what any private business would do and shut them down.  If you still want these things, vote for them at the state level which is smaller, more efficient, and where the real innovation in government comes.  Besides, who knows more about the way you live, your local government or some federal agency?  I think the answer is obvious.

5.  Most importantly, I am directing the Federal Reserve to halt the printing of paper money
and from this point forward tying this process to the price of gold.  Setting a target price for
gold of $500 per ounce, if gold is higher we will contract the money supply and if it is less
we will expand it.  Simply, this will halt all future inflation, stabilize price, and create
real wealth.  It is the most important part of my program overall.

Together if we do these things we will fix what is wrong now and guarantee that any future
downturns in the economic cycle are both shallow and short.  We are going to make America's  economy the way it was meant to be – a free and great one.  Yes, at first it is going to get worse before it gets better, as is always the case when you introduce strong medicine to a terrible sickness, but if we stay the course we will all benefit.  Join me in this fight.