The reason President Obama and Republicans can't come to an agreement on the fiscal cliff negotiations is that they don't share the same goals. This is also the key to understanding why President Obama appears far less worried about going over the cliff.
Ordinarily, a question of whether to reauthorize the U.S. Export-Import Bank (Ex-Im) and to increase its loan limit would be about as uncontroversial a proposition as one could find on Capitol Hill.
Since the congressional super committee appears unable, or unwilling, to take a lesson from Indiana or Virginia -- where Republican governors have made spending cuts and delivered budget surpluses without damaging the social safety net -- members might wish to consider Puerto Rico and what its governor, Luis Fortuno is doing.
Jonathan Alter asked sincerely why everyone thinks Obama's such a bad president. I will answer with five reasons based on substance, although I could probably come up with twenty reasons easily.
Humans often assume that big changes happen so slowly we’ll have plenty of time to adjust to the new reality before we have to live in it. President Obama certainly seems to think this is true.
The recent debt debate was not politics at its worst or most dysfunctional. It worked exactly as American politics was designed to work.
The government can create more jobs with flat taxes, low regulation, and by simply staying out of the way. As President Reagan said, the worst words you could hear are, “I am from the government and I am here to help.”
Senate Majority Leader Harry Reid frequently accused Republicans of playing partisan politics during the debt ceiling crisis.
Some have called August 2 “Financial D-Day.” That is the date, according to Treasury Secretary Geithner, by which either Congress raises the debt ceiling or some government disbursements will cease.