State Lawmakers Can’t Find Common Ground Either: Peter Orszag

Dec. 21 (Bloomberg) -- The political wrangling in the U.S. this week over the extension of the payroll-tax holiday illustrates once again the new era of hyperpolarization. The gap between the two parties is wide, and few policy makers stand in the middle. The traditional model of centrist legislating is broken.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.