Thanks to Tea Party fanatics, we are told, America just lost an historic opportunity to deal with her national debt. Because of Tea Party intransigence and threats against their own leader John Boehner, the speaker had to reject Obama’s “grand bargain,” the “big deal” of $3 trillion in budget cuts …
They were called “terrorists,” “fanatics” and “unpatriotic.” Yet the principled resistance of the Tea Party Caucus in the House has put their leader right across the table from Barack Obama to negotiate the final terms of armistice in the debt-ceiling battle of 2011. Today is July 22. On this day, …
Though President Obama has run rings about the Republican Party in the debt-ceiling debate, that party can yet emerge victorious, if it will stick to its guns. Clearly, the Republican strategy was not thought through, when the party chose the debt ceiling as the legislative terrain on which to fight …
By refusing to accept tax increases in a deal to raise the debt ceiling, Republicans are behaving like “fanatics,” writes David Brooks of The New York Times. Anti-tax Republicans “have no sense of moral decency,” he adds. They are “willing to stain their nation’s honor” to “worship their idol.” If …
As President Bush prepared to invade Iraq in September 2002, the head of his economic policy council, Lawrence Lindsey publicly estimated such a war could cost $100 billion to $200 billion. Lindsey had committed candor, and the stunned Bushites came down on him with both feet. “Baloney,” said Donald Rumsfeld. …
“Is our children learning?” as George W. Bush so famously asked. Well, no, they is not learning, especially the history of their country, the school subject at which America’s young perform at their worst. On history tests given to 31,000 pupils by the National Assessment of Education Progress, the “Nation’s …
“The most successful alliance in history,” it was called at the end of the Cold War in which NATO, for 40 years, deterred the Red Army from overrunning Berlin or crashing through West Germany to the Channel. And when that Cold War was over, Sen. Richard Lugar famously said, “Either …
Is the world headed for a debt crisis to dwarf the one that befell us in 2008, when Treasury Secretary Hank Paulson stood aside and let Lehman Brothers crash? No one knows for certain. As Yogi Berra said, “it’s tough to make predictions, especially about the future.” But the probability …
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