The selection of Paul Ryan — chairman of the House Budget Committee — as Mitt Romney's vice presidential candidate has the potential to turn this dreary presidential campaign into a meaningful debate over the size and role of the federal government. It could also, sadly, ...
I worry about the future — not mine but that of my three children, all in their 20s. It is an axiom of American folklore that every generation should live better than its predecessors. But this is not a constitutional right or even an ...
In America, we believe that anyone can grow up to be anything. You want to be president? Go for it. Among recent presidents, Barack Obama, Bill Clinton, Lyndon Johnson and Dwight Eisenhower all came from modest backgrounds. Of course, not everyone will be president, which ...
It's getting down and dirty in election land. Last week, President Barack Obama's campaign suggested Mitt Romney might be guilty of a felony for filing misleading papers with the Securities and Exchange Commission (a charge The Washington Post discounted); and Romney's team aired a ...
Wondering why government can't restart the sluggish economy? Well, one reason is that we are still paying the price for the greatest blunder in domestic policy since World War II. This occurred a half-century ago and helps explain today's policy paralysis. The story — ...
We live in a world of broken models. To understand why world leaders can't easily fix the global economy, you have to realize that the economic models on which the United States, Europe and China relied are collapsing. The models differ, but the breakdowns ...
Europe is at the abyss — again. Its turmoil is rattling global stock markets and stoking fear and bewilderment. The obvious question is, what's the solution? The answer is, there is no solution. Europe faces choices, some bad and others worse. Unfortunately, it's unclear which ...
We shouldn't gut defense. A central question of our budget debates is how much we allow growing social spending to crowd out the military and, in effect, force the United States into a dangerous, slow-motion disarmament. People who see military cuts as an easy way ...
A specter haunts America: downward mobility. Every generation, we believe, should live better than its predecessor. By and large, Americans still embrace that promise. A Pew survey earlier this year found that 48 percent of respondents felt that their children's living standards would exceed ...
The context for Occupy Wall Street and proposals to tax the rich — "rich" being constantly redefined — is the broader issue of economic inequality. For years, liberal politicians, academics and pundits have complained about growing inequality, but their protests barely resonated with the ...
