Congress heads back to, er, "work" this week -- and high on the agenda is what to do about the economy. The battle lines are as dug-in as they are familiar: short-term government spending versus immediate budget cuts.
Over the summer, you'll recall, the president's "grand bargain" over economic policy fell apart on the question of taxes for the top 3 percent or so of income earners. Republicans could not agree to this -- calling such taxes a job-killing burden on a group of people once called "the rich," but now termed "job creators."
This push is a variation on trickle-down economics of the 1980s: if the rich are taxed less they will spend more, and that prosperity will fuel the rest of the country. It makes a kind-of-sense, and yet a look at the numbers shows otherwise.