Relevant and even prescient commentary on news, politics and the economy.

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The Supply of Oil

…that crude supply was slightly lower than prior data indicated. Nor is significant relief likely soon: the limited global economic slowdown we anticipate (with world GDP growth slowing from 4.6%…

Kuwait’s Generosity

Let me begin by thanking President Bush for enlisting the efforts of his father and Bill Clinton in encouraging more Americans to donate to tsunami relief efforts. This can do…

Three-Card Monte

…near the middle of the income distribution pay almost twice as much in payroll taxes as in income taxes. Yet people were willing to accept a regressive tax increase to…

Mary Matalin: Keynesian or Flip-Flopper?

…abortions, she touts “tax relief” as one of Bush’s accomplishment. Mindful that someone might mention the large and rising deficits, she says: The deficit as a percentage of GDP is…

Vaccines, Vitamins, Vegetables, and Price-Fixing

…firms have been withholding supplies in order to raise prices, gain regulatory and liability relief; and persuade governments of the need for subsidies. Paranoid? It was only a few years…

Fact-checking the Fact-checkers

…Kerry’s tax plan would increase taxes on 900,000 small businesses. Highly misleading. He asserted that Kerry voted for 98 tax increases. Untrue. He asserted that Kerry and Edwards oppose No…

Bush’s Agenda for America: Chapter One

…and community colleges. • Tax Reform: President Bush will work to make the tax code simpler for taxpayers, encourage saving and investment, and improve the economy’s ability to create jobs…

Kerry’s Health Care Reinsurance Proposal

…health insurance, resulting in lower premiums. Part of this cost would be shifted to taxpayers, but as we shall see, the cost to taxpayers will be less than the savings…

Reverse Rubinomics

Kash asks in Why Bush’s Tax Cuts Failed: Shouldn’t the largest tax cuts in history have had more effect? How could such massive tax cuts have such little impact on…

Bush’s "Visionary" Speech

…In these areas, we’ll provide tax relief and other incentives to attract new business and improve housing and job training …We will offer a tax credit to encourage small businesses…