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September 27, 2012
Robert L. Borosage

Robert L. Borosage: Good Jobs First: No Grand Bargain Without a Jobs Trigger

President, Institute for America's Future

The chattering classes are focused on the so-called "fiscal cliff," the automatic spending cuts and tax expirations scheduled to kick in after the elections. Their conversation centers on the terms of austerity. Will Republicans let top-end Bush tax cuts expire? Will there be a grand bargain with Medicare and Social Security on the table? The presidential candidates and Congress should be pressed to adopt a budget version of the "jobs trigger." Putting people back to work is the first step to getting our books in order. The slow U.S. recovery is faltering -- running on fumes. We need global action to get the economy going. And at home, we need good jobs first.

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