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From the perspective of many in the Obama administration, it is not possible to move fast with major cuts at home without hitting a political wall in a nation that takes cheap and plentiful energy as a right.
BBC: Climate chief's pledge on energy
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This is surprising given that, especially since the 2008 taxpayer bail-out of Wall Street, the nation is more aware than ever that professional money managers, including those which manage pensions, should not be blindly trusted.
FORBES: PBGC Should Investigate Causes of Pension Failures
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We lost our way as a nation when Wall Street persuaded Americans that they could retire rich by buying stocks and bonds or any of the hundreds of financially-engineered products peddled as vehicles for accumulating excess wealth.
FORBES: The New Retirement Plan: Save More, Invest Less