As with all aspects of fixing a troubled organization, celebrate successes. When the entire organization celebrates the shrinking level of vendor debt, everyone becomes more confident that solvency can be achieved.
We shouldn't expect the voluntary faith communities to do it alone. We can usually count on the public to be there, but it needs the support and revenue support of the private sector to fulfill that role.
In August, the Federal Reserve imposed a cap on the fees banks can charge retailers every time customers swipe their debit cards. Why is that important? In addition to banks, consumers may be the biggest losers.
We don't know enough about policy. We don't know all the implications and ramifications of various decisions. We can't pull together a group of world-renowned economists and business leaders. That is what we pay you a nice salary for.
By fully caving on this stand-off, where the White House is backed by the general public and large swaths of the GOP, Obama would not only fail to impress independent voters, he'd ensure a drubbing on a series of future fights.