By contrast to European leaders, however, who have taken both short-term and long-term measures to address the problem, American politicians do not seem to be prepared to move in the right direction.
FORBES: Brussels versus Washington: Which side is to pass the stress test this week?
We humans prefer to deal with short-term pain rather than honestly address long-term prevention.
The final sign of a turnaround, which I call "long-term value creation, " occurs if and when the country's leaders seriously address long-term competitiveness issues: quality of products, value-added component of exports, acquisition of state-of-the-art technology and educational reforms.
The markets will not be fooled for long if there is no robust mechanism to ensure countries address long-term solvency problems and or to allocate losses if all the debt sours remains unresolved.
In a letter written to the schools minister, Nick Gibb, last month, the Ofqual chief executive Glenys Stacey said she wanted to develop a long term action plan to address the issue.
There are no proper studies that address long term prognosis in patients with epilepsy but it follows that proper treatment results in good seizure control and this in turn leads to a smaller likelihood of sudden death.
As a result, even as we take these necessary steps in the short term, we have an obligation to future generations to address our long-term, structural deficits, which threaten to hobble our economy and leave our children and grandchildren with a mountain of debt.
WHITEHOUSE: President Obama Speaks at First Fiscal Commission Meeting
Obviously there are long-term disagreements between Republicans and Democrats, between this President and Republicans, on the ideas about how we should address our long-term deficit problems and debt problems.
And he sounded glum about prospects that the two sides will come together in the spring on a separate, long-term budget blueprint to address the government's fiscal problems.
The ratings agency said the U.S. economy had numerous strengths, but political intransigence continued to raise questions over whether policy makers could work together to address long-term fiscal problems.
They are popular with the public and would help us address our long-term fiscal challenges.
And we need to redouble our commitment to fiscal discipline and address our long-term deficit challenges.
WHITEHOUSE: President Obama on Tax Cuts Framework and Meeting with CEOs
We will return to fiscal responsibility and fair tax policies first, and then we will address the long-term challenges facing Social Security.
CNN: Clinton's October 9, 2007 speech on retirement security
They have done very little to address the long-term drivers of the deficits, which are the big, autopilot entitlement programs that pay out benefit checks no matter what.
Still there's no doubt that we're going to have to also address the long-term quandary of a government that routinely and extravagantly spends more than it takes in.
WHITEHOUSE: Encouraging Long-Term Fiscal Responsibility and Reform
So -- but he has recognized and said again today that we need to address these long-term deficit issues, and he looks forward to engaging in that debate.
If so vast a sum of money is to be spent, they argue, it should only be done in the framework of a deal that will address the long-term imbalances.
And the resistance to this stems from a legitimate concern about the need to get our deficits under control, the need to reduce spending, the need to address our long-term debt.
And the only way to do that is to lay a new foundation for long-term economic growth and finally address the struggles that middle-class families have been grappling with for years.
WHITEHOUSE: Creating New Jobs by Investing in High-Speed Rail
As we debate how to step back from the fiscal cliff, it is imperative that we use this moment to address the long-term structural causes of the imbalance between revenues and spending.
FORBES: Merck CEO: Health Care Beyond the Fiscal Cliff Requires Structural Changes
Social Security is something that we need to address in the long term to make sure workers in this generation, retirees in this generation and the next generation, can rely on their benefits.
When he does, his ideas, his concept, his approach, his vision for how we need to address our long-term deficit and debt issues will be clear to you and to the American people.
He has talked very clearly about the need to get this done through a conversation where everyone sits at the table and discusses a balanced way to address our long-term deficit and debt.
Instead of a grand bargain, in late July the White House and Republicans agreed to raise the debt ceiling enough for about eighteen more months of government borrowing, and they created yet another bipartisan group to address the long-term fiscal issues.
"While the budget resolution takes important steps in the near-term of cutting the deficit in half by 2012 and by two-thirds by 2014, it is clear that more will be needed to address the long-term fiscal imbalance confronting the nation beyond the five-year budget window, " said Conrad.
CNN: Budget resolution 'a major accomplishment,' negotiators say
The point he has made in his energy speech and his statements about our need to address our long-term energy future is that there are no short-term fixes to this problem, and it is -- that are sustainable or dramatic because -- and this is what he addressed and talked about before, that we had a spike in 2008.
Grebeck said the only negative for gold would be if politicians were to come together and address the the long-term structural problems in the economy.
FORBES: FOCUS: Gold Could Rally If U.S. Debt Ceiling Talks Falter
In the long term, however, we need to address a set of economic challenges that, frankly, the housing bubble largely papered over for almost a decade.
The only way to move to full employment is to lay a new foundation for long-term economic growth, and finally address the problems that America's families have confronted for years.
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.
应用推荐