Obama's Big-Government Vision: A Commentary by Lawrence Kudlow
Sen. Barack Obama is very gloomy about America, and he's aligning himself with the liberal wing of the Democratic Party in hopes of coming to the nation's rescue.
Sen. Barack Obama is very gloomy about America, and he's aligning himself with the liberal wing of the Democratic Party in hopes of coming to the nation's rescue.
Allow me a dose of hardened market realism concerning Barack Obama's landslide victory in Wisconsin. The race is over. Hillary Clinton is over. Her electability is over.
Some things in life are quite simple. Here's one of them: Sen. John McCain is going to be our next president.
Charlie Plosser, president of the Philadelphia Federal Reserve Bank, warned this week about the risks of inflation, overly aggressive interest-rate cuts and further damage being done to the Fed's credibility. I agree with Plosser.
Bill Gates, bloviating at the World Economic Forum in Davos, Switzerland, is issuing a clarion call for a "kinder capitalism" to aid the world's poor. Gates says he has grown impatient with the shortcomings of capitalism. He thinks it's failing much of the world. This, of course, from a guy who's worth around $35 billion (give or take a billion).
The New Hampshire primary may not have confirmed who's going to win the GOP nomination (or the Democratic nomination, for that matter). But it just may have told us where voting Republicans stand on the economy and supply-side policy.
Yes, corporate profits are slowing and jobs are softening. Despite 52 months of ongoing jobs gains and 1.3 million new payrolls in the past year, December jobs registered only 18,000 and the unemployment rate ticked back up to (a still historically low) 5 percent.
Against all odds, and despite the usual drumbeat of criticism, President George W. Bush has had a very good year. The troop surge in Iraq is succeeding.