Wednesday, April 13, 2011
Today, President Obama will deliver a wide-ranging speech laying out a strategy to deal with the U.S. budget deficit. Although the exact policies that he will endorse are unknown, he is expected to lay out a vision that will alter the country's entitlement programs and call for high-income earners to pay more taxes. In addressing the U.S. debt, Obama is entering an increasingly heated debate about how to address our long-term deficits in a way that does not shoulder Main Street Americans with undue burdens or hinder job growth. On one side, conservatives are proposing cruel plans that would sacrifice the services and investments in America's great middle class while asking nothing more from the wealthiest among us. On the other side, a growing number of progressives are demanding fair sacrifice that protects our crucial needs while demanding fair sacrific e from those who are richer than ever. The path that we choose will determine the very kind of country we will have in the future: one where only the wealthiest among us have opportunities or one that enshrines the American Dream -- the idea that anyone, no matter what their background, can work hard and succeed.