The nation's problem is not the deficit but a lack of good jobs and sufficient growth, Reich writes.
Republican congressional leaders and President Obama sharply disagree over how to deal with the impending “fiscal cliff.” But a successful plan shouldn’t be that hard to put in place. Here are six ways Washington can avoid the “fiscal cliff.”
When Congress has tough decisions to make, they trot out euphemisms like fiscal cliff, tax loopholes and entitlements, Gleckman writes.
By raising taxes on wealthy Americans, eliminating breaks for oil and gas companies and other measures, Obama could meet the goal of $4 trillion in deficit reduction over the next decade, Reich writes.