With the national debt already equal to the GDP, and growing faster now, a question arises: Where does this end? In fiscal year 2020, which ended on Sept. 30, the U.S. government set some impressive new records. The deficit came in at $3.1 trillion, twice the previous record of $1.4 …
Now, standing patiently in line for their bailouts, are the states — and America’s cities and counties. These governmental units are virtually all certain to face falling tax revenue and expanded social demands, leading to exploding deficits. Their case: You bailed out the businesses and the hospitals. What about us? …
It is worth looking more closely at France because she appears to be at a place where the rest of Europe and America are headed. As that rail and subway strike continued to paralyze travel in Paris and across France into the third week, President Emmanuel Macron made a Christmas …
After the victory of Donald Trump in 2016, the GOP held the Senate and House, two-thirds of the governorships, and 1,000 more state legislators than they had on the day Barack Obama took office. “The Republican Party has not been this dominant in 90 years,” went the exultant claim. A …
“No modern precedent exists for the revival of a party so badly defeated, so intensely discredited, and so essentially split as the Republican Party is today.” Taken from “The Party That Lost Its Head” by Bruce Chapman and George Gilder, this excerpt, about Barry Goldwater’s defeat in 1964, led Thursday’s …
“Are the good times really over for good?” asked Merle Haggard in his 1982 lament. Then, the good times weren’t over. In fact, they were coming back, with the Reagan recovery, the renewal of the American spirit and the end of a Cold War that had consumed so much of …
At the Potsdam conference with Harry Truman and Josef Stalin, Winston Churchill learned that the voters of the nation he had led for five years through World War II had just voted to throw him out of office. “It may well be a blessing in disguise,” said his wife Clementine. …
“God put the Republican Party on earth to cut taxes. If they don’t do that, they have no useful function.” Columnist Robert Novak was speaking of the party that embraced the revolution of Ronald Reagan, who had hung a portrait of Calvin Coolidge in his Cabinet Room and set about …
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