“Whatever you call them — fiscal cliff, austerity bomb, Debtpocalypse—the impending automatic federal spending cuts are likely to endanger the nation’s short-term economic recovery. But they also pose a real threat to the long-term prosperity of the United States,” Brady J. Deaton, chancellor of the University of Missouri, and Bernadette Gray-Little, chancellor of the University of Kansas, write in a Kansas City Star opinion piece.

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