Robert Reich: The White House’s and Democrats’ single biggest failure in the cliff negotiations was not getting Republicans’ agreement to raise the debt ceiling.
Bernard A. Weisberger: The current situation is evidence of the crashing failure of liberal America to stand up for its forgotten principles of some sixty years ago, and its decision to chain itself to a Democratic Party now under the leadership of “centrists” or “moderates” who in fact occupy the terrain once held by the vanished race of liberal Republicans.
Joseph Palermo: The whole tenor of the next two years is going to feel like George W. Bush never left office. The GOP will have de facto control over the nation’s politics and agenda. If President Obama goes down the Clinton path of triangulating against his progressive base (as seems likely) then he deserves to be a one-term president.
Robert Reich: Sixty years later, we boomers have a lot to be worried about because most of us plan to retire in a few years and Social Security and Medicare are on the way to going bust. I should know because I used to be a trustee of the Social Security and Medicare trust funds. Those of you who are younger than we early boomers have even more to be worried about because if those funds go bust they won’t be there when you’re ready to retire.