The conventional wisdom of President Barack Obama's economic advisers (the deficit "scolds") has things a bit mixed up and threatens us to be sent off the fiscal cliff.
U.S. Rep. Pete Visclosky and the rest of the Dems in the House need to stick firm on not reducing the essential services, but insisting on a tax increase for thewealthy. This is the way to reduce the debt and reduce the deficit.
The big money lads are the ones mainly responsible for the financial mess, and they're mainly the 1 percent Republicans. It falls to them to accept their responsibility, to take the brunt of blood-letting.
The President has to lean hard on just that issue. If the Republicans remain intransigent, then it's over the cliff. It's on them.
We have given our president a mandate. We need to tell him he needs another group of economic advisers to help steer him in the right direction to get it right.
- Phil Mueller, Crown Point