Robert Reich: What to expect during the cease fire.

More generally, the President has been too eager to accept the argument that the major economic problem facing the nation is large budget deficits – when, in point of fact, the deficit has been shrinking as a share of the national economy. The only reason it’s expected to increase in future years is, again, rising healthcare costs.
Our real economic problem continues to be a dearth of good jobs along with widening inequality. Cutting the budget deficit may make both worse, by reducing total demand for goods and services and eliminating programs that lower-income Americans depend on.
The President has now scored a significant victory over extremist Republicans. But the fight will continue. He mustn’t relinquish ground during the upcoming cease-fire.


http://www.nationofchange.org/what-expect-during-cease-fire-1382103239