The "Super Committee" has been charged with making recommendations that would reduce deficits by $1.5 trillion over the next 10 years. Unfortunately, more is needed to fix the budget and put the debt on a sustainable path. In order to meaningfully address our nation's fiscal challenges, the Super Committee should go much further.
The Committee for a Responsible Federal Budget along with the New America Foundation, the Concord Coalition, and the Bipartisan Policy Center held a forum that brought together political, economic, and business leaders from across the spectrum to discuss the path ahead for the Super Committee and the reasons it should exceed their mandate and "Go Big."
Panel 3 -- Deficits and Growth: The Political and Economic Picture Today and Tomorrow * Senator Mark Warner (D-VA) * Governor John Engler, President, Business Roundtable * Alan Greenspan, Former Chair, Federal Reserve Board * David Stockman, Former Member of Congress and Former Director, Office of Management and Budget * Jane Harman, President, CEO, and Director, Woodrow Wilson International Center for Scholars, Smithsonian Institution and Former Member of Congress
For more information: http://www.newamerica.net/events/2011/go_big
@stephentsang2000 Oh, you got me. Here is your toll, troll.
MrPolysyllabic 4 months ago
@stephentsang2000 Oh, you got me. Here is your toll, troll.
MrPolysyllabic 4 months ago
@MrPolysyllabic You are so dumb. What these guys are really thinking in their mind is to let 80% of the Americans to go back to absolute poverty as the first stage of saving the economy in the long run. This is why they call this "going big".
stephentsang2000 4 months ago
Did Alan Greenspan just say that Americans are too stupid to fix the economy @ 4:15? Not just Americans, but the youth of America. Products of public education, to be more precise. He's saying people my age, whom are supporting people his age through the entitlements he speaks of, our work and ability is not as valuable as our older counterparts, whom we support. People my age, to him, wont deserve the same benefits when its their turn, so cut them out. But, keep them paying for it until then.
MrPolysyllabic 5 months ago