Robert B. Zoellick on Obama and the economy

Obama’s Historic Budget Opportunity
By Robert B. Zoellick
Huffington Post

“Since the election, President Obama has focused the debate about the fiscal cliff on taxes. This tactical political positioning is putting at risk the strategic objective of a pro-growth budget package to reduce U.S. debt. Unless the president pushes to slow the growth of spending, he will fail to strike a deal, undermine U.S. growth prospects and ultimately erode America’s safety-net programs. The country’s global standing would falter, too, because the president would not have led in demonstrating America’s “governability.”

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