Metrics of National Decline

By Patrick J. Buchanan “Bush Boom Continues” trilled the headline over the Lawrence Kudlow column, as George W. Bush closed out his seventh year in office. “You can call it Goldilocks 2.0,” purred Kudlow. Yes, you could. But what a difference 12 months can make. Final returns are now in on the eight years of […]

‘Buy American’ — or Bye-Bye America

By Patrick J. Buchanan “British jobs for British workers!” thundered Gordon Brown, as he emerged from the shadow of Tony Blair to become prime minister. His populist sloganeering has now come back to bite him. Across Britain, thousands laid down tools in wildcat strikes in solidarity with a walkout from a French-owned oil refinery in […]

George Bush, Protectionist

By Patrick J. Buchanan “I’ve abandoned free-market principles to save the free-market system,” President Bush told CNN, defending his offer of $17 billion in loans to the Big Three “to make sure the economy doesn’t collapse.” Thus did Bush concede that protectionism, if a critical U.S. industry is in peril, must trump free-trade ideology. For […]

The Toyota Republicans

By Patrick J. Buchanan “GOP to Detroit: Drop Dead!” So may have read the headline Friday, had not President Bush stepped in to save GM, Ford and Chrysler, which Senate Republicans had just voted to send to the knacker’s yard. What are Republicans thinking of, pulling the plug, at Christmas, on GM, risking swift death […]

Who Killed Detroit?

By Patrick J. Buchanan Who killed the U.S. auto industry? To hear the media tell it, arrogant corporate chiefs failed to foresee the demand for small, fuel-efficient cars and made gas-guzzling road-hog SUVs no one wanted, while the clever, far-sighted Japanese, Germans and Koreans prepared and built for the future. I dissent. What killed Detroit […]

As GM Goes, So Goes the GOP

By Patrick J. Buchanan Understandably, Republicans are seething. When Hank Paulson demanded $700 billion to haul away the trash in the dumpsters of JPMorgan Chase and Goldman Sachs — assuring us we could hold a garage sale of the junk — they rebelled. They acted as the nation, by 100 to one, demanded. They killed […]

Bretton Woods II — No Way

By Patrick J. Buchanan “Laissez-faire is finished, the all-powerful market that is always right, that’s finished,” said Nicholas Sarkozy, speaking ex cathedra, last month. As a result, said the diminutive French president, it is “necessary to rebuild the entire global financial and monetary system from the bottom up, the way it was done at Bretton […]