Occupy Wall Street rage is justified, but the boundary between the 1 percent and the rest of Americans is not so crisp.
Tuition costs and other associated expenses for college average around $102,000. But the return on tuition costs in terms of increased earnings is about $570,000.
Obama put Social Security on the table as part of his bid to resolve the national debt crisis. He hasn't specified what the changes might entail, and Democrats in Congress oppose any cut in benefits. But the talks signify that politicians know reforms must come, eventually, to keep Social Security solvent.
One of the few potential points of bipartisan compromise in the budget stalemate is reining in tax breaks. A Senate vote Tuesday could reveal whether GOP senators are on board.
The US economy posted an annual growth rate of only 1.8 percent in the first quarter of 2011, and declines in government spending were a significant contributor.
GOP proposals to cut the federal budget range from $100 billion to $500 billion to a symbolic $1.5 trillion. With Democrats wary of stifling the economic recovery, the divide just may be too wide.