On January 20, 2013, Zach Carter and Michael McAuliff write in the Huffinton Post:
The primary theme of the president’s reelection campaign was not a set of job creation proposals, but a plea for fairness in curbing the deficit. The rich, Obama said again and again, should have to pay their fair share, not only for moral reasons, but for fiscal ones. Without higher taxes on the wealthy, former President Bill Clinton said during the campaign, the “arithmetic” just wouldn’t work.
After closing out his first term with the “fiscal cliff” drama, Obama begins his second term facing three possible fiscal standoffs, each with the potential not only to set the domestic agenda for the rest of his presidency, but to define his economic legacy.
As it turns out, that’s not such a bad place to be. What Obama needs in the second term is a combination of steadfastness and luck: a steady hand politically and a continued revival of the global economy.
There is a solution. The Just Third Way Master Plan for America’s future is published at http://foreconomicjustice.org/?p=5797.
The fundamental economic solution is to create income for EVERY American by simultaneously broadening private, individual ownership of FUTURE productive capital economic growth and fully paying the profit dividends to the new American owners of the income-producing capital assets of our corporations.
Support the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm
