One important fact emerged from the second Democratic presidential debate. CBS, which sponsored it, headlined it as Democratic debate shows differences on foreign policy, Wall Street. This hypes the differences, while this snoozefest actually was more notable for the similarities between the candidates.
Washington Post political Bigfeet […]
Ted Cruz rocked in the presidential race during the CNBC debate. His biggest breakthrough, even more important than his crowd-pleasing holding the media to account, was his credible prescription to get job creation, and equitable prosperity, roaring the way they roared in the Reagan days.
Cruz thereby […]
Financial reporter Rick Santelli — who triggered the Tea Party movement — put a profound question to Sens. Ted Cruz and Rand Paul in the CNBC presidential economic debate. Santelli’s key question was about the impact of the Fed on job creation and economic growth.
His question and […]
Donald Trump is no supply-sider, as is evidenced by his pro-tariff and restrictionist immigration stands. Supply-side, from its inception, is all about job growth and equitable prosperity. Both would be hurt by such autarkical prescriptions. Trump doesn’t get it.
His tax plan, while superficially supply-side in […]
Donald Trump’s new tax plan has been scored by the Tax Foundation as increasing the national debt by $12T over ten years. This doesn’t seem compatible with the ferocious anti-debt Tea Party ethos nor that of responsible conservative governance. Bernie Sanders’s proposed orgy of all-you-can-eat government […]
House Majority Leader Kevin McCarthy stepped down from contention for the contentious position of Speaker on Thursday. This caused something approaching mass hysteria in Washington.
Chairman Paul Ryan then took himself out of contention. (Full disclosure, my elder son interned for Congressman Ryan more than a decade […]
House Speaker John Boehner, under constant sniping from his far right flank, finally hit the ejection button. This leaves the House in search of a new Speaker, presumptively but not assuredly Majority Leader Kevin McCarthy, as Congress enters what Politico predicted would be the “fall from hell.” […]
The Republicans have finished up their first two rounds of presidential debate.
Next up, the Democrats’ first presidential debate on October 13th. The fireworks have started.
The Democrats’ debate process is proving controversial. Democratic National Committee Chair Debbie Wasserman Schulz recently, according to therightscoop.com and given national […]
Upon the anniversary of the infamous 9/11 it is instructive to put that and current events into an overarching context. 9/11 was an act of terrorism and a very effective one. That said, it was more than that. By understanding the “more” we are better equipped to […]
Donald Trump, in the first debate, made a telling comment. “Well I’m a natural negotiator and I like leverage, to be honest with you.”
The Donald Trump candidacy has been from before inception a highly leveraged operation. Trump shrewdly has leveraged his celebrity, his novelty, and […]
A Progressive axiom, made central by Sen. Warren, is that “Many feel that the game is rigged against them, and they are right. The game is rigged against them.” This theme is echoed by Sen. Sanders and, slightly paraphrased, by Secretary Clinton.
Their alleged perp? “Crony […]
One of the most curiously persistent surrealisms of Washington, DC is the reflexive deference given the Federal Reserve System. The Washington elite tends to accord more infallibility to the Fed than do Catholics the Pope.
Now comes one of the world’s top monetary reporters, Ylan Q. Mui, […]
“Forget it, Jake. It’s Chinatown.”
Donald Trump continues to dominate and fascinate. Why?
Politics, like comic books, thrillers, detective stories, science fiction, professional wrestling, movies and TV is a pulp medium. We Credentialed Members Of The Media Elite wish to sanctify it (and, thereby, ourselves). But come on. […]
While the Mass Media has been obsessing on the Donald Trump phenomenon, Bernie Sanders has been packing stadiums. Sanders’s Madison speech pulled in nearly twice as many as Mrs. Clinton’s official campaign kickoff event (which The Atlantic dubbed “uninspiring”). Mrs. Clinton’s relaunches and presentations continue to draw tepid […]
We pixel-stained wretches of the Mass Media lately have been busy as ever transfixing you with spectacles. Meanwhile, something really important — softly outside the melodrama — has occurred. Trillions of dollars — including your dollars — in the real economy and in the stock and bond […]
The Revelation: “All we want,” said Kudlow, “is for everybody to get richer.”
Therein hangs a tale. And therein, perhaps, hangs the outcome of a presidential race.
The Republican Party (much to the astonishment of practically everyone) is composed exclusively of … people. It thus is subject […]
Last month the GOP suddenly awoke.
As Michael Tomasky wrote in the March 19 issue of the New York Review of Books:
As matters are shaping up so far, the sense of many people I speak to is that the election appears destined to be about the […]
Writing about TPP, “Fast Track,” and all the associated skirmishing is made somewhat difficult by the secrecy of the legislative text. That said, supply-side thought leader John Tamny declares “The TPP is a no-brainer.” (If Tamny means free trade is a no-brainer he surely is right.) So […]
Forget the speeches, the debates, the Dark Money, the white papers, the talking points, the high gloss commercials. The secret to the character — and agenda — of the presidential candidates is hidden in plain sight. Don’t “follow the money.” Follow the shoes.
No less of a […]
One of the environmental advocates who coined this term recently revealed to Jean Chemnick, a reporter for E&E, one of the Left’s most potent weapons in dominating the policy discourse (even while, often although not always, losing political battles). Call it the “framing war.”
Let me now publicly reveal my long love affair with John Maynard Keynes. On June 5th, stationed on a barrier island in the Gulf of Mexico, I raised my annual toast to the memory of this great man on the anniversary of his birth.
This year […]
The upcoming 2016 presidential election is a very big deal. As the Daily Beast’s Michael Tomasky sums it up — in all its passionate intensity — in Hillary and Liberals: Here’s the Deal.
We haven’t had a liberal Supreme Court majority in this country in 35 years. […]
There is an urban legend that there is a looming Bourbon Supply Crisis. (Heaven Forfend!) Meanwhile, American Pharoah, as expected, won the Kentucky Derby. Both circumstances contain a homey lesson about the Federal Reserve System’s conduct of monetary policy.
Let’s start with bourbon. According to a recent article […]
Progressives are a Faithful lot. They live, and die, by a Creed. Welcome to the Church of State.
We saw the religiosity at work again recently in the United Kingdom. We saw Martyrdom.
When the voters toss out a Left-wing political party (two, actually) for having moved […]
Lincoln Chafee, a former Republican senator from Rhode Island, announces his support for Obama […]