Debt ceiling

Analysis and Comment (3)

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By opting for restraint in his state of the union speech, Obama presented his ideas not as bold initiatives to revive the liberal tradition, but as pragmatic proposals with widespread bipartisan support. EPA

Obama extends a light hand of liberalism to Americans

By Nicole Hemmer

Barack Obama opened his fourth state of the union address to Congress with words from another Democratic president, John Kennedy: “The Constitution makes us not rivals for power but partners for progress…
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It may seem like an idea with currency, but miinting a trillion dollar coin to sidestep the debt ceiling is a fabricated solution to a fabricated crisis. Wikimedia Commons

The trillion-dollar coin: change Americans can believe in

By Nicole Hemmer

In the midst of genuine economic and political challenges, Tea Party Republicans have been hard at work generating additional problems. From the debt-ceiling showdown that cost the US its AAA credit rating…
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Without serious, structural fiscal reforms — which require bipartisanship and compromise — the US economy could go into free fall. Bungee jump image from www.shutterstock.com

Is the US set to jump off a fiscal cliff?

By Brendon O'Connor and Lindsay Gumley, The Conversation

As we check our political calendars, many look to November 6 as the crucial date that will determine the future direction for US politics and the nation’s ailing economy. But in policy terms, it is January…

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