As the patriotic pageantry of Inauguration Day gave way to the demonstrations of defiance Saturday, our new America came into view. We are two nations now, two peoples. Though bracing, President Trump’s inaugural address was rooted in cold truths, as he dispensed with the customary idealism of inaugurals that are …
“In victory, magnanimity!” said Winston Churchill. Donald Trump should be magnanimous and gracious toward those whom he defeated this week, but his first duty is to keep faith with those who put their faith in him. The protests, riots and violence that have attended his triumph in city after city …
In taking that $915 million loss in 1995, and carrying it forward to shelter future income, Donald Trump did nothing wrong. By both his family and his business, he did everything right. In a famous 1947 dissent, Judge Learned Hand wrote: “[T]here is nothing sinister in so arranging one’s affairs …
On Sept. 30, the end of fiscal year 2016, the national debt is projected to reach $19.3 trillion. With spending on the four biggest budget items — Medicare, Medicaid, Social Security, defense — rising, and GDP growing at 1 percent, future deficits will exceed this year’s projected $600 billion. National …
Stripped of its excesses, Donald Trump’s Wednesday speech contains all the ingredients of a campaign that can defeat Hillary Clinton this fall. Indeed, after the speech ended Clinton was suddenly defending the Clinton Foundation against the charge that it is a front for a racket for her family’s enrichment. The …
Republican hawks are aflutter today over China’s installation of anti-aircraft missiles on Woody Island in the South China Sea. But do these Republicans, good free-traders all, realize their own indispensable role in converting an indigent China into the mighty and menacing power that seeks to push us out of Asia? …
“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 …
Brought before a House inquisition, MIT professor and Obamacare architect Jonathan Gruber burbled a recantation of his beliefs about how that triumph of liberalism had been achieved. Yet, something needs to be said in defense of Gruber. For while he groveled and confessed to the sin of arrogance, what this …
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