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editorial

Obama must renew his push for a ‘grand bargain’

After billions of dollars in campaign ads and rallies across the nation, the voters of the United States chose to reinstall the same president and congressional leadership that had presided over two fractious and difficult years. For Barack Obama, who had to face an electorate bruised by a slow-recovering economy, re-election is a personal triumph, a show of faith in his leadership under conditions that would have defeated many incumbent presidents.

But this was a status quo election in result only. With both presidential candidates and many victorious congressional candidates expressing a desire for bipartisan solutions, the message from the ballot box was clear: Obama and Congress need to work together, immediately, to avoid the upcoming “fiscal cliff” involving the expiration of the Bush tax cuts and automatic spending cuts to defense and other important programs.

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