America’s Political Class Struggle by Jeffrey D. Sachs - Project Syndicate

America’s Political Class Struggle by Jeffrey D. Sachs - Project Syndicate
NEW YORK – America is on a collision course with itself. This month’s deal between President Barack Obama and the Republicans in Congress to extend the tax cuts initiated a decade ago by President George W. Bush is being hailed as the start of a new bipartisan consensus. I believe, instead, that it is a false truce in what will become a pitched battle for the soul of American politics.

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