Obama has to prove wrong both his skeptical allies and foes inclined to underestimate him. He needs to move the discussion away from a green-eyeshade debate over budgets and foster a larger conversation over what it will take to restore broadly shared economic growth. His presidency really does depend on how he handles the next two months.
When the clock strikes midnight, the country could plunge over the fiscal cliff. Extended unemployment benefits cut. Payroll taxes up. Markets on edge. And more pain to come. So, what’s it going to take to make a deal? Is this really how the New Year will start?
Will 2013 be a great year—the year economic recovery picked up steam and our paralyzed democracy began to function constructively again? Or will it be a year of tragically unnecessary lost opportunity? The choice is up to our newly re-elected leaders and the public they represent.
A site that analyzes state-level data of how much people earn a year after graduating college found some counterintuitive results: Certain students who earn associate’s degrees can get higher salaries than graduates of four-year programs — sometimes thousands of dollars more.
The only way we will avoid a constitutional crackup is for a new, bipartisan majority to take effective control of the House and isolate those who would rather see the country fall into chaos than vote for anything that might offend their ideological sensibilities.
If we used the same metrics in education that we do in business, the U.S. system would get an F when it comes to ROI. At $1.3 trillion a year, America is spending more on education than any country in the world -- yet we rank 25th in math, 17th in science and 14th in reading. Something doesn't add up.