Wouldn't it be great if the Congress that exacerbated our current situation were held responsible for their grade school behavior which brought on our current financial situation, paying higher taxes until things right themselves, even if it's after some get voted out of office?
If the international community chooses to seize this moment to promote a new distribution of opportunity -- one that empowers people to challenge and overcome injustice -- we can unleash the potential of individuals and society as a whole to live in health, dignity and justice.
People in the middle class must understand that it is no longer the safe haven of inspiration it was for their parents. Particularly, its lower and middle bands do not make enough money to save enough to create financial security.
Instead of seeking remedies to this ongoing problem, the putative guardians of our democratic principles, rights and responsibilities -- the United States Supreme Court -- has chosen to vastly exacerbate the situation.
In 1729, Jonathan Swift's idea was simple: the starving Irish should sell their own children to the rich as food. I want to suggest that we put in motion a similar undertaking. The basic idea is that we offer ourselves up as a sacrifice to the bond markets.
To what degree are we all fellow-citizens in this society, and to what degree are we not? Are we one America or are we two? If we are one America, it is surely time to make the alleviation of poverty our number one priority.
Under all of Occupy Wall Street's signage, there's a fundamental truth we can't afford to ignore: the growing income gap in this country is a big problem for everybody. Yesterday, though, they crossed a line in the sand.
Why did we economists squander the opportunity for a new paradigm of thought? Not because there's so much information on the web. It is, at least in part, because the concentration of wealth and power blocked the new ideas from a fair hearing.