President Obama delivered his third annual State of the Union Address last night. Obama focused primarily on income inequality. Jettisoning his normally conciliatory tone, the president instead highlighted the differences between right and left with impassioned rhetoric. Vowing to protect middle class families with mortgage assistance legislation, he also outlined his plans to institute the "Buffet rule" which would require those making over $1 billion to pay a 30 percent tax rate.

As Greece negotiates a new unity government, Europe watches closely for signs of a widening crisis. In the U.S. a deadline for members of a congressional "Super Committee" to reach an agreement approaches. Meanwhile, a new book by Bill Clinton comes out  this week, and it reportedly criticizes President Obama's decision not to raise the debt ceiling in 2010 when the Democrats still controlled the House of Representatives.

When America entered the new millennium, the Clinton Administration reported a budget surplus of around $559 billion and the world was in a state of relative peace. With dot-coms booming, real estate values rising and seemingly no end to the nation’s economic prosperity in sight, the American dream seemed to be a reality for more people. But in 2011 the picture is less rosy. What happened over the past ten years, and does it add up to a lost generation; one without hope of achieving the American Dream?

The 2008 race to the White House has been documented more thoroughly than any other. It kept bloggers, commentators, humorists busy on a daily basis for almost two years. So you might think you’ve heard it all. But two veteran political reporters say you haven’t.