The Great Debate

Make-or-break moment for middle class

By Neera Tanden
December 5, 2012

A year ago Thursday in Osawatomie, Kansas, President Barack Obama delivered a fiery defense of the middle class. It marked a turning point in the president’s economic argument — and helped him win reelection, despite historic economic headwinds.

The fight for a grand bargain

By David M. Walker
November 29, 2012

The Gang of Eight: (Top Row, L to R) Senator Mark Warner (D-Va.), Senator Saxby Chambliss (R-Ga.), Senator Tom Coburn (R-Okla.) Senator Kent Conrad (D-N.D.) (Second Row, L to R)) Senator Mike Johanns (R-Neb.), Senator Mike Crapo (R-Idaho), Senator Dick Durbin (D-Ill.), Senator Michael Bennet (D-Colo.)  REUTERS/File

When talk was of investing in public good

By Elizabeth Pearson
November 28, 2012

Washington negotiations to avert the “fiscal cliff” now include the role that tax increases could play in addressing the federal budget deficit. Serious cracks are appearing in the Republican lawmakers’ anti-tax firewall, as fewer new GOP legislators are signing Grover Norquist’s pledge and some high-profile signatories are questioning it.

A mandate to help the middle class

By John Podesta
November 26, 2012

The focus in Washington has now shifted to the fiscal cliff, with the White House and Congress, particularly the House Republicans, staking out negotiating positions on the expiring Bush tax cuts and the looming budget sequester.

The economy needs a ‘unity Cabinet’

By David M. Walker
November 14, 2012

The election left us with a status quo political lineup, one that failed to make any meaningful fiscal progress over the past two years. So is it realistic to expect that we can avoid the fiscal cliff and achieve some sort of “grand bargain”? Yes, it is possible, and here is how to do it:

The real winner: Inflation

By Matthew Stevenson
November 10, 2012

I buy none of the post-election, prime-time hokum that what decided the presidential race was the Latino vote, women’s issues, the next Supreme Court justices, the view from the fiscal cliff or how drones are winning the War on Terror. This presidential election was, as always, a contest between gold standardists and inflationists.

Fighting off the counterrevolution

By Bill Schneider
November 9, 2012

The conventional wisdom has arrived: 2012 was a status quo election.  President Barack Obama was reelected.  Democrats continue to have a majority in the Senate.  Republicans still control the House.  Only two states changed their presidential votes from 2008 to 2012 (North Carolina and Indiana).  Six billion dollars were spent and almost nothing changed!

First step in ending DC dysfunction

By Thomas E. Mann and Norman J. Ornstein
November 9, 2012

 

After the sound and the fury, the public disdain for government — particularly for Congress — the high stakes and looming fiscal disaster and $6 billion, we end up where we began — with Barack Obama in the White House, Democrats with a modest majority in the Senate, and Republicans retaining control of the House.

Obama should raise taxes on the middle class

By David Callahan
November 8, 2012

It won’t be easy for President Obama to do big things in his second term, with Congress still divided. Yet one legacy-caliber goal is easily within reach: Obama can restore fiscal balance without deep spending cuts by doing, well, nothing. By simply letting the Bush tax cuts expire at the end of this year, for everyone, and vetoing all future tax cuts, the president would leave office in four years with America’s fiscal house largely in order while ensuring a strong federal government for years to come.

Why left should seek a fiscal deal

By Gabe Horwitz
November 8, 2012

“I am looking forward to reaching out,” President Barack Obama said Tuesday night after he had won reelection, “and working with leaders of both parties to meet the challenges we can only solve together.”