Almost all American's want term limits on both sides. However getting them to vote themselves out of office is not going to happen. Just like doing a balanced budget.
I've always thought a good way to cut spending is to cut all departments 5-10%. Make them make cutbacks. Then, add a tariff on all imported products, 2% on Chinese or any country with only one party rule. Maybe 1% on true democratically elected republics. We have to get our manufacturing base back home. If Elon Musk can make cars in America with over 90% American parts, more than any other vehicles, other companies can also do it. Musk uses a lot of robotics and 3d printing. Why can't others invest in this more modern equipment? Atlas V rockets use Russian engines. Musk proved you can make good American engines, land a rocket and reuse it. So far over 190 times, and landed his first one in 2016 after several failures. A lot of companies give up on stuff, but Musk at least is persistant.
GM made an electric car in the 1990's. Didn't sell to well, so they gave up. Musk's Tesla's are being made in the old GM plant they abandoned.
Jeff Bezos build Amazon by not taking a profit for years until he underbid almost everyone, including Walmart. Now he has a huge mail order business. Sears would still be in business if they started using the internet early on like Amazon.
We can do things, but our own government has to get out of the way.
The poor were taken care of in 1960 will charities, churches, and extended families. Charites and church donations were 100% tax deductible. Government took over welfare starting in the mid-60's and reduced allowable charity deductions, has spent over 4 trillion dollars and we still have the same percentage of poverty.
I would vote for almost anyone who would push for term limits. This is the only way to change things back to normal. The president has term limits, why not congressmen say 6 terms, and senators 2 terms. Maximum 12 years. This should start will all newly elected officials until all the older people are out. There is a starting age for a president of 40, but no other age limit. Maybe 80 or 85 should be the limit unless they are checked by doctors for not only health but mental ability with no dementia or Alzheimer's disease. My mother is 90 and still sharp. So some keep it, some don't.