In response to:

Beware the "Grand Bargain"

Donald103 Wrote: Oct 27, 2012 6:05 PM
Do our politicians have the wisdom and the character to do what they need to about the spending? Does electorate have the patience and the wisdom to support if they did what they should. I doubt in both cases. So far as Obama is concerned, there is no hope that he would do anything helpful.
karpe diem Wrote: Oct 28, 2012 12:33 AM
i do not trust the public to elect the right people. obama is the real proof.

Barack Obama really does have a plan for the next four years. When he thought he was speaking off the record to the Des Moines Register the other day, he said he wanted to negotiate a "grand bargain" with the congressional Republicans. It would include spending reductions and tax increases to reduce forecasted federal deficits.

About the same time that the president was giving his interview, more than 80 CEOs of some of the nation’s largest companies were making a similar announcement. To get the country’s fiscal house in order, they said, we need both spending reductions and...