Zackaria's Premise

I would have to agree that Zackaria's premise, that we should save more and consume less.
Although the recession we're going through is hard and will only get harder from here,
we as a nation should have thought of the consequences of the way we used our money.
What i dont understand is why there was never a complete revamp of the entire economy after all of the minor recessions we faced before. Our economy has always been an unstable one, and
yet we just let it stay like that, with our all-american blind optimism.
I think when Zakaria said that this is better for us in the long run, he really got me. Because it is true, the only way we learned how to deal with our economy better was through experiences like the Great Depression. That was a mistake that our country paid for greatly, and although we changed things around quite a bit after the depression, we haven't changed them enough.
My greatest concern is that we get a president that is smart enough to make the right financial decisions for our country. I'm tired of america getting these power-hungry idiots in office, only waiting for their next big public appearence and hoping that the problems they face in office will lay dormant until the next idiot gets elected. What our country needs is another FDR to pull us through. Someone with the country's combined love and respect, with intelligence and wisdom, and someone who isn't backwards like the rest of our public officials.
I hope that our country learns a lesson and changes enough to not put our citizens through another great depression, because although it was a learning experience, we suffered a great loss over it, one that our country shouldn't have to face again.