There's no way to attain the American dream anymore for young and old alike unless the overall debt problem in America, not just the national debt, is brought under control. In economic terms, this debt is truly enslaving our children.
For most Europeans, the violence of the debate over the Patient Protection and Affordable Care Act (otherwise known as the "Obamacare") in the United Sates seemed quite puzzling.
The big question for Democrats is this: What kind of deal is worse than the sequester, which Paul Ryan has said is the Republicans' fallback position. In other words, what would make Democrats throw up their hands and say: "You want it? You got it." -- and mean it?
In attempting to protect them from failure, we have eliminated opportunities for them to develop a healthy sense of self -- one cultivated through trial and error, hard work and by making a contribution to the communities of their family, friends and school.
Our leaders like to call their strategy borrowing, but it is really tantamount to stealing -- from our children, worse yet. Why? Because we have no plans to pay the debt.
In the maelstrom of the shutdown, a debt-ceiling suicide attempt and the cutting off of nutrition support for poor people by Congress, it's clear that America's political class has unbounded belief in national stability.
NIF is a nonpartisan network of educational and community organizations that regularly convene people to exchange views on major issues. Throughout 2011 and 2012, the group brought typical citizens together to deliberate on options for tackling the debt.
Perhaps the oft-repeated truism that the biggest fear of Tea Party Republicans is that people will actually be happy with ACA -- and thereby fatally undermine their goal of dismantling the social safety net -- is correct.
In the aftermath of the shutdown and debt ceiling debacle, a storm of news media and economists predicted that anxious Americans would spend less through the new year. In the housing market, however, these predictions aren't panning out.
Following an extended government shutdown and the ugly showdown over the federal debt ceiling, both parties need to find bipartisan solutions to critical problems in order to rehabilitate their credibility with the American public.
The Obama administration now has a proven strategy to use next time Republicans threaten to breach the debt ceiling. But next time may not be like this time, and each time does real damage. Next time, someone needs a Plan B.
Even when it comes to non-partisan issues such as preventing domestic violence and helping Americans whose lives have been devastated by a natural disaster, House Republicans have repeatedly voted 'NO.'
Should we merely await the next manufactured crisis, frustrated that the only thing that stands between us and national success is our government, making us feel more and more helpless or hoping it will all somehow go away?
A Chris Christie presidency might not be as destructive to our country as, heaven forfend, a President Ted Cruz would be, but that's an awfully low bar to clear.
How about passing a law called 'Jobs First' that would not allow any further changes in federal taxes and spending programs until the unemployment rate reaches 6.5 percent? That would mean about 1.1 million currently unemployed Americans would be back at work.
The US debt ceiling is a legislative limit on the US Treasury's ability to borrow money. It was first created in 1917 and can be modified by Congress. As of this month's agreement, the debt ceiling has been raised 79 times since 1960.