Rapidly becoming my favourite day for blog reading!! It fills me with a sense of great hope, to know that things ARE happening, that things CAN change.. I’m feeling hopeful and hope it sticks and spreads!!
Originally posted on TED Blog:
The term “fiscal cliff” has gained traction in the U.S. news in the past few months, at least in part because it paints a vivid metaphorical picture. Popularized by Federal Reserve Chairman Ben Bernanke, the term refers to the ill economic consequences that could occur if Congress does not change its course on several policies by January 1, 2013 — including the expiration of Bush-era tax cuts and automatic spending cuts that were agreed to in 2011. But for Congress to act, Democrats and Republicans need to find some general agreement on how to bridge the gap between the federal government’s revenues and spending. Let’s just say that’s been slow to come.
As the deadline nears, we invited three speakers — social psychologist Jonathan Haidt, data visualizationist Jer Thorp and “Planet Money” co-host Adam Davidson — to our New York office for a TED@250 salon, part of a new program to reimagine the headlines. The idea: to give us a deeper understanding of the issue and why it has been so darn difficult for American political parties to work together in recent times.