Mr Portillo said that "this government is so blinkered" that it cannot see the long-term problem.
It is a long-term problem, because carbon dioxide stays in the air for a century.
"We're looking for a short-term problem where the market anticipates a long-term problem, " he says.
This would make it difficult to focus on California's biggest long-term problem: the budget.
So for those countries with well-developed pension systems, there is a long-term problem from these population trends.
This is a long-term problem that Governor Bobby Jindal, who took office in January, will need to address.
Now, there is a long-term problem that we've got to deal with, and that's is a tough one.
Yet the bungling shows that Congress's back-room managers face a long-term problem: finding able, youthful leaders they can promote.
Many MPs accept a cut in duty is only a short-term solution to what has become a long-term problem.
The problem that we have is a long-term problem in terms of our health care costs and programs like Medicare.
WHITEHOUSE: President Obama Makes a Statement on the Sequester
Of course red ink remains a long-term problem, and Congress must both cut spending and raise taxes to address it.
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He said that piracy in the Gulf of Aden and the Indian Ocean was going to be a very "long-term problem".
But in my view the long-term problem of entitlements has almost nothing to do with the short-term problems with the economy.
The long-term problem, though, is the fact that we are a nation of laws and we are a nation of immigrants.
"We are not coming before you today to say we have a definitive solution to that long-term problem, " Mr. Geithner said.
What seemed like a good short-term fix has become a long-term problem.
Noah had an undisclosed foot injury, though felt it wouldn't be a long-term problem, and Boozer was bothered by a sore right hamstring.
The inability of American diplomats to win some kind of sanction from the United Nations or another international body raises another long-term problem: legitimacy.
Although illicit drug use has been declining in the UK, long-term problem drug use and drug-related deaths are not decreasing, says the British Medical Association.
Scotland's third long-term problem is the state of its financial-services industry.
But they, too, are failing in their main brief, having neglected to come up with a plan for dealing with the long-term problem caused by entitlements.
But further savings would be needed to keep Medicare out of financial trouble beyond that, and the president has not proposed a plan to solve Medicare's long-term problem.
Ms. GALL: I think what it shows is there's a very, very long-term problem in Afghanistan - with a lot of unemployment, a lot of poverty, a lot of latent violence.
We have a genuine long-term problem.
WHITEHOUSE: Tele-Town Hall: The Affordable Care Act & Seniors
"It doesn't help the long-term problem (of rising tuition) and the hope is this will buy time to think carefully about how to make sure that all students can get the federal loans that they need on good terms, " said Sandy Baum, an independent policy analyst for the College Board.
In extreme cases, a company could have consecutive quarters of negative operating cash flow and, in accordance with GAAP, legitimately report positive EPS. In this situation, investors should determine the source of the cash hemorrhage (inventories, receivables, etc.) and whether this situation is a short-term issue or long-term problem.
Against that backdrop, White House officials and some Republicans are arguing that the best way out of the impasse is to resume the search for a comprehensive deficit-cutting deal that gets to the core of the long-term problem through a rewrite of tax policy and a revamp of entitlement programs such as Social Security and Medicare.
It becomes a little more clear as to what the magnitude of the effects might be, and I think a lot of business firms are now taking all that into account and recognizing that this is probably a long-term problem that is going to be dealt with in a regulatory fashion, and it's prudent to prepare themselves for that regulatory structure.
But, look, it is not an inconsequential deal to propose a budget that cuts as substantially as it does in targeted areas so that the federal government lives within its means in order to be able to continue to invest in the future, because you have to have economic growth, you have to have job creation if we're going to address this overall long-term problem.
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