Believe it or Not, We’ve Now Got a Better Chance for Serious Policy Reform
Robin Anderson (Economist, Principal Global Investors) also contributed to this post.
With all the back and forth these days in the United States between Democrats and Republicans over the fiscal cliff, it’s hard to see any positives in what appears to be overly partisan wrangling; however, I would propose to you that, right now, we have a better chance for serious policy reform than we’ve had in recent history.
Now, I’m not saying that credible long-term tax and spending policy is the most likely outcome from these fiscal cliff negotiations, but I do believe that we now have an increased possibility of serious discussions that could set U.S. fiscal policy on the right path. Read more
