Completely overhaul the welfare system. It's still needed, but not to the extent that it's being used. Put in safe guards to prevent abuse fo the new system such as time limts, reviews, etc... I bet we could cut costs by 50% meaing 50% of the people on it shouldn't be on it.
Legalize certain non-victimized crimes. Prostitution and weed definatly. Tax and regulate those items heavily and increase the penalties for trafficing higher end drugs such as crank, coke, heroin etc...
Increase tax breaks for small business Allowing them to compete with larger companies such as walmart with their lower prices.
Increase vocational education in public schools Allowing kids to compete in teh job market quicker.
Standardize what can be considered legitamate reasons for a malpractice suit. Combine that with affordable programs for health care
these are just off the top of my head. probably could think of much more