SIR – After the extraordinary events of the past four years, the significance of the United States to the world remains beyond doubt. We need a well-led America to look up to.
SIR – National debt stands at £2.5 trillion, a similar level to our GDP, and costs £85 billion a year in interest payments. Unfunded public-sector pension liabilities stand at around £2.6 trillion (report, November 21), yet government spending continues at eye-watering levels.