Currently, the US President has to be a citizen by birth. That's because when the constitution was created, there were about 3 million people in the country (about half of them immigrants) and they thought if naturalized citizens were allowed to run for president, a foreign government could easily send someone to run for president and enough settlers to affect the outcome. Or they could still be loyal to their old country instead of USA.
I think it's inequal. If all men are created equal, every citizen should be eligible for presidential candidacy. It's time that we change it.
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I think most Americans have never lived abroad for a long period of time and thus don't understand what it's like. I have lived in America for just 1,5 years and already in this relatively short amount of time, I have become quite American in many respects. I think it's rather silly (and a bit ignorant) to believe that naturalized citizens (they're not "foreigners" anymore as so many people claim here in the comments!) have dangerous political interests. Living abroad is NOT easy. I'm speaking from my own experience here, I've done it twice (in two very different countries). If somebody decides to live in a foreign country for 10 or 15 or even more years, there's a pretty chance that this person truly loves that country. Also, taking the tests for naturalization and actually becoming a US citizen also takes quite a bit of courage and effort. Nobody would go through this just to hurt America.
Also, I find it sad that many Americans only seem to look at the dangers of it... cuz there are also a lot of great opportunities. Somebody who was born in a completely different culture and environment who has made the huge effort to become fluent at the English language, has learned about American politics, history, society and culture and engages in American affairs is most likely a smart and very hard-working, disciplined person. On top of this, a different mentality and different cultural background can add some interesting new perspectives to a problem that seems to have no solutions. People who live abroad are usually pretty cosmopolitan in their way of thinking and do not just look in their own backyard for solutions. Maybe this person would understand more about other countries' politics and "steal" some smart ideas that have worked well over there.
And finally, when I look at American politics as a whole, I can't exactly claim to find it appealing. There are so many outright idiots sitting in the American government who have all been born on American soil. Especially in the Republican Party, most of these people's alliances are not with the American people anyway but with the top 1% of the American population. Most of these people just work for their own interests. So it's not like they're all innocent, uncorrupted angels.
I come from Switzerland, where we have a very unique political system. Instead of having one president, we have 7 federal councils (a. k. a. "presidents"). These 7 people are assembled from all different parts of the country, from the1