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

Why has no one (but me) mentioned Romney’s erroneous claim that the federal budget can’t be balanced if we raise taxes? C’mon, folks; the Clinton administration ended only 12 years ago.*

A really striking feature of the Romney campaign is the candidate’s penchant for stating policy positions as though each one exists in a vacuum.  To wit: His 20% across-the-board tax-rate reduction, which, this successful businessman made clear at the debate last week, he didn’t trouble himself to figure out the likely result of it on […]