Disillusionment with Washington has rarely run higher. Congress is unable to act even in areas where there is widespread agreement that new measures are necessary, such as immigration, infrastructure and business tax reform. Barack Obama’s

Source: www.ft.com

"The belief that طthis time will be differentط usually precedes trouble, and so it has been with second terms. All re-elected presidents expect to beat the second-term curse. None has. And we have been governed by re-elected presidents for almost 40 per cent of the past century. Reform is overdue."

See on Scoop.it – Public-Private Duality, Economic Crisis, and New Financial Trends