Yuval Levin in The Fractured Republic brings a new and illuminating framework to understanding our state of political affairs. Both parties are engaged in political nostalgia. The Democrats see the good old days as 1965 and the Great Society and
Read More
“But there was also a big difference here. Reagan’s arms buildup, together with his refusal to accept the Brezhnev Doctrine of “what’s mine is mine, and what’s yours is up for grabs,” signified a return to containment and deterrence. Bush,
Read More
Bret Stephens writes The Meltdown in the September Commentary. Excerpts: Then again, every president confronts his share of apparently intractable dilemmas. The test of a successful presidency is whether it can avoid being trapped and defined by them. Did Obama
Read More
With a record growth of the debt, it has become a central topic of the campaign. The Republicans prominently displayed a ticking debt clock at their convention to remind voters of the debt crisis looming. Their focus is misguided. Debt
Read More
Larry Kudlow writes in the National Review, Reagan Praised Entrepreneurs into Recovery –Why must Obama trash them into recession? JULY 19, 2012 Excerpt: A week earlier, I interviewed Alan Greenspan. I asked him about the impact of over $1 trillion
Read More
Obama beat McCain in 2008 with much larger margins than we have seen in recent elections. Obama got 53% of the popular votes to McCain’s 46%, 365 electoral votes to McCain’s 193. 9 states swung from red to blue. Not
Read More
John Merline Writes in Investor’s Business Daily Income Inequality Rose Most Under President Clinton, 11/3/11 Excerpts: Meanwhile, during Clinton’s eight years, the wealthiest 5% of American households saw their incomes jump 45% vs. 26% under Reagan. The Gini index shot
Read More
In the 1970’s the delinking of the dollar from gold under Nixon ushered in a decade of inflation. The wealthy and other investors sought refuge in tangible assets and foreign currencies. Tangible assets had the advantage of not generating 1099
Read More
More from Roy Fickling in response to a debate that centers on promoting economic growth verses a more fair and even distribution of wealth. For a bit about Roy’s experience see The Great Debate Part I You ask, “By the
Read More
More from Roy Fickling in response to a debate that centers on promoting economic growth verses a more fair and even distribution of wealth. For a bit about Roy’s experience see The Great Debate Part I Let’s take socialism to
Read More
From Thomas Sowell’s Intellectuals and Society “In short, many things that the Federal Reserve, Congress and the two Presidents did (during the market crash of 1929) were counterproductive. Given these multiple failures of government policy, it is by no means
Read More
“The first step to restoring the robust financial markets that can support global capitalism is to reassert the market’s ability to discipline itself without endangering the economy. Through its too-big-to-fail policy, expanded over the quarter of a century after Continental
Read More
In politics, as in comedy, timing is everything. A program that works in one time or place may not work in another. Unions were able to raise wages and benefits in our major manufacturers after World War II largely because
Read More
The ‘birthers’ have been derided as a part of the lunatic fringe of the right and appropriately so. Like others who take fanatical positions, no amount of proof seem adequate. Yet as Jeff Jacoby reminds us in his column such
Read More
Much has been said of Obama’s intelligence. Oprah said he is brilliant. While he appears an intelligent politician and a personal class act, much more is required for the office he is seeking. Kennedy was surrounded with some of the
Read More
Inherited Dilemmas
Bret Stephens writes The Meltdown in the September Commentary. Excerpts: Then again, every president confronts his share of apparently intractable dilemmas. The test of a successful presidency is whether it can avoid being trapped and defined by them. Did Obama