Think of San Francisco in 1963, but replace the steep hills and the chilling fog with bright sun, a winding river and an ancient barge canal. That is Toulouse, possibly the friendliest town in southern France and the host to one of the country's most interesting and wide-ranging international art festivals.
The president's 2015 budget proposal "pivots" away from the 2010 "pivot" to austerity, pushes modestly for jobs and prioritizes infrastructure repair. Republicans will obstruct this -- just like they have obstructed every jobs plan since the stimulus. But the public fully supports what the president is trying to do.
The Greek economy is going to grow next year because of a significant policy reversal. The fiscal tightening is basically coming to an end. Why is this so important? Because the people who supported the policy of the last four years will, when the Greek economy begins to recover, claim that the "austerity worked." But even the IMF's own analysis refutes this claim.