Politics aside, in order to promote economic growth, work must be done to restore the trust-growth connection, and in order to restore this connection, policies that reduce income inequality can help rebuild trust by reducing social distance.
As Obama battles to enact a tax cut for 99 percent of Americans, the House GOP is making a political blunder reminiscent of the self-destructive overreaching of then-Speaker Gingrich that rejuvenated the Clinton presidency during the 90s.
Last Tuesday, President Obama made a major speech to set the record straight on our nation's economy and what he called the most "defining issue of our time": restoring growth and prosperity for all Americans.
A week before the climate talks began, a new collection of 5,000 e-mails from climate researchers surfaced, apparently part of the same set obtained and then leaked in 2009 in the so-called "Climategate" affair.
The debt and over-leverage explosion artificially inflated our economies and corporate earnings. So expecting growth in earnings today, while we re-set the economy to a more "normal" growth level, is absurd.