Both American political parties must know that you cannot seriously reduce the debt and balance budgets without taking on Social Security, Medicare and other entitlements head-on, as does Simpson-Bowles.
Why do unions oppose repatriation, a proposal to allow a lower tax rate for a defined time period for U.S. companies seeking to bring money earned overseas back into the country, as a solution to stimulate the economy?
In 10 years under Presidents Bush and Obama, the nation went from a trillion-dollar surplus to a $14 trillion debt. If we leave this debt unattended, it will be an egregious moral failure.
The American people aren't afraid of tough choices as part of the budget debate, but they know the difference between play-acting and the real thing. And they're still waiting for somebody to talk to them like one adult to another.
The argument that Social Security adds to the deficit is being nicely deconstructed, but it takes time as the GOP keeps moving the goal posts.
Obama clearly wants to score points with moderates and independents, but these are points that will likely never be tallied. Conservatives will never think he has cut enough, while progressives rightly deplore the ongoing "cavings in."
George Orwell would be proud. The latest Washington catchphrase deserves a place of honor in the 1984 lexicon, right between "War Is Peace" and "Love...
"Balancing the budget" and "deficit reduction" have become code for shifting the benefits of government spending to corporations away from workers.
It turns out that the real "center," not the Washington version, can make some very sound decisions when given the right information. Maybe they make good decisions so often because they still have to balance their own checkbooks.
The deficit hawks represent interests that want to graze on the largess of American culture while investing not a farthing to plant or cultivate the field.
Paul Ryan's plan for the economy uses the typical conservative approach to budgeting. Cut services to those in need after having passed tax cuts for people who aren't in need.
Although neither the White House nor Congress seem eager to apply the deficit-reduction axe to the Pentagon's record-level budgets, the American public appears ready.
Alan Simpson, co-chair of the Deficit Reduction Commission, once again has trouble with his mouth.
Income inequality is actually greater in the United States than it is in Egypt. Poverty and unemployment statistics for U.S. minorities are surprisingly similar to Egypt's.
Immediately after appointment to chair the Fiscal Commission, Erskine Bowles and Alan Simpson opened fire on Social Security. Their theme: reining in the federal deficit requires reducing Social Security benefits. So what happened?
A new poll on jobs and the economy has a clear message for the president and his party: Stand up for jobs, and protect Social Security and Medicare. The results couldn't be clearer. But is the White House even listening?