The Risk I Will Not Take
MAR 7, 2016 5:00 PM EST
By Michael R. Bloomberg
Americans today face a profound challenge to preserve our common values and national promise.
Wage stagnation at home and our declining influence abroad have left Americans angry and frustrated. And yet Washington, D.C., offers nothing but gridlock and partisan finger-pointing.
Worse, the current presidential candidates are offering scapegoats instead of solutions, and they are promising results that they can’t possibly deliver. Rather than explaining how they will break the fever of partisanship that is crippling Washington, they are doubling down on dysfunction.
Over the course of American history, both parties have tended to nominate presidential candidates who stay close to and build from the center. But that tradition may be breaking down. Extremism is on the march, and unless we stop it, our problems at home and abroad will grow worse.
Many Americans are understandably dismayed by this, and I share their concerns. The leading Democratic candidates have attacked policies that spurred growth and opportunity under President Bill Clinton -- support for trade, charter schools, deficit reduction and the financial sector. Meanwhile, the leading Republican candidates have attacked policies that spurred growth and opportunity under President Ronald Reagan, including immigration reform, compromise on taxes and entitlement reform, and support for bipartisan budgets. Both presidents were problem-solvers, not ideological purists. And both moved the country forward in important ways.