The debt showdown in Washington is supremely frustrating as it illustrates the complete inability of our current political system to deal with the structural changes that we are facing. At present course and speed things will get a lot worse before we can hope for them to get better. Trying to fix the budget without fixing the underlying problems in the economy and society is the proverbial attempt to prevent the sinking of the Titanic by rearranging the deck chairs. Here are several areas in...

The debt showdown in Washington is supremely frustrating as it illustrates the complete inability of our current political system to deal with the structural changes that we are facing. At present course and speed things will get a lot worse before we can hope for them to get better. Trying to fix the budget without fixing the underlying problems in the economy and society is the proverbial attempt to prevent the sinking of the Titanic by rearranging the deck chairs. Here are several areas in...