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.
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.
Former chairs of Obama's debt commission, Alan Simpson (R) and Erskine Bowles (D), said at the Monitor breakfast Wednesday they see just a one-third likelihood that the White House and congressional Republicans will reach a deal by year's end to avert the fiscal cliff.
Data within recent polls shed some light on why it’s so hard for the two parties to agree on solutions to the 'fiscal cliff' problem now facing Uncle Sam.