Rep. Alexandria Ocasio-Cortez, New York Democrat, has released her Green New Deal plan to the nation -- and to great applause from the Democratic Party.
This multitrillion-dollar manifesto isn't just about saving the planet from climate change -- though that is the centerpiece. It also includes a whole social justice agenda that includes ...Read more
Well, what do you know! It turns out that amateur economist Donald J. Trump knows more about sound monetary policy than Fed chairman Jerome Powell and his team of hundreds of Ph.D. economists.
Call it street smarts or call it business moxie, but Trump was dead right when he attacked the Fed, first in September and then even more savagely after ...Read more
The government shutdown is over -- for now -- but the political ramifications are still being sorted out. The media has been chortling that Donald Trump "caved," and he may well have lost this battle with congressional Democrats. Their "victory," such as it is, is to notify American voters that they are so opposed to a wall and a secure border ...Read more
On Saturday, Donald Trump shrewdly flipped the table on Nancy Pelosi in the government shutdown standoff. He has now proposed a grand bargain on immigration: legalization of some 1 million so-called Dreamers -- the foreigners who were brought into the U.S. illegally by their parents -- and an immediate end to the shutdown, if she agrees to ...Read more
Oh how far the Democratic Party has fallen. In recent days, we've seen the new darling of the Democrats, Alexandria Ocasio-Cortez, crusading for a 70 percent income tax rate.
According to a Washington Times report on Thursday, several prominent Democratic presidential wannabes, including Sen. Elizabeth Warren of Massachusetts, are arguing for ...Read more
In the months after the election of Donald Trump, there was a mini-political movement in California to get the Golden State to secede from the Union.
It didn't get off the ground, though during a recent trip to Northern California, many of the people I met were still so distraught over the Trump presidency that were he to win re-election, ...Read more
If 2017 was the year of the investor -- with stock market gains of more than 25 percent during President Donald Trump's first year in office -- then 2018 was undoubtedly the year of the American worker.
These past 12 months have slammed Wall Street hard, with half of 2017's stock blockbuster gains surrendered. But for now, prosperity has ...Read more
In one of the most remarkable Abbott and Costello routines in modern times, the economic wizards at the Fed again raised interest rates on Tuesday. Their crackerjack logic for doing so is to steer America on a course toward recession so they have the tools in hand to end the recession that they themselves created. Can anyone tell us who's on ...Read more
The first iron rule of American politics is: Follow the money. This explains, oh, about 80 percent of what goes on in Washington.
Shortly after the latest "Chicken Little" climate change report was published last month, I noted on CNN that one reason so many hundreds of scientists are persuaded that the sky is falling is that they are paid ...Read more
The eulogies for George H.W. Bush keep rolling in, and a great American hero's life has been given proper tribute.
But there has also been a rewriting of history about the Bush presidency that needs to be cleared up. Liberals love Bush for the very tax increase betrayal that destroyed his presidency. This was the official end of the Reagan era....Read more
Republicans need to regain the offensive on the fiscal issues. The GOP has somehow allowed big-spending Democrats to get to the right of them on the issue of financial responsibility and balanced budgets.
Polls show that Democrats are now more trusted on balancing the budget than Republicans. That's like losing an arm wrestling contest to Nancy...Read more
There's an old saying that Wall Street economists have predicted eight of the last two recessions. The bears in the economics profession keep getting paid a lot of money misreading the nation's economic weather vanes -- whether it was the power and durability of the Reagan expansion in the 1980s, the ferocious bull market of the late 1990s, the ...Read more
No one understands the dysfunctions and debilitating impact of America's political system in the swamp better than Mark Melcher and Steve Soukup. For decades between them, they followed Washington for Wall Street at one of America's largest brokerage houses. For the last 16 years, the two have run their own, independent research shop, delivering...Read more