Money Angles: What You Can Do for Your President

What You Can Do for Your President

"AH, YES," SAID ABDUL, WHEN SOMEONE EXULTED THE morning after Bill Clinton's election. "But now we have to help him."

Doormen have seen it all, and Abdul, our particularly excellent doorman, is as wise as they come. So I repeated his comment to a cynical Wall Streeter I'll call Mac, who replied cheerfully, "I'll support any sacrifice -- so long as it's someone else's sacrifice."

He was joking of course (wasn't he?), but it did pretty well sum up the mess we're in.

Everyone agrees we have to reduce the deficit (though not necessarily eliminate it -- a healthy, growing enterprise...

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