Tverberg explores the connection between changes in the oil market and growing concern of the 'fiscal cliff.'
President Obama's fiscal cliff plan calls for, among other things, $1.6 trillion in tax increases over 10 years. But what really appears to annoy Republicans is the lack of specificity on spending cuts.
President Barack Obama has started the bidding on the 'fiscal cliff' deal with substantial concessions on tax increases and spending cuts, Reich writes.
The hard decisions in the fiscal cliff negotiations between the GOP and Democrats would be easier if lawmakers could point to other nations that have seen the benefits of fiscal discipline in lifting an economy.
President Obama and the White House hope to rally support on social networking sites such as Facebook and Twitter.
The American creed of equal opportunity is in danger of becoming Hollywood fiction. Wealth concentration, manufacturing's demise, and technology eliminating jobs are destroying upward mobility. We must invest in education, training, and R&D. We must also pay for it.