Anyone who has seen a friend kick an addiction -- be it to alcohol, drugs or cigarettes -- knows the extreme discomfort and force of will required. America has long suffered repeated bouts of binging on real estate. The booms inevitably trigger busts, one of which we're now in deep.
In one of the least needed reassurances in modern political history, President Obama's top political man David Plouffe, "told Democrats late last week that the White House would not suffer from overconfidence. 'What I don't want to suggest is that we're sitting around and thinking everything is great,' he said."
President Obama's deficit-cutting plan is not perfect, but close to it. It's fiscally smart and politically smart.
It could almost make your head spin. With an economy on the front end of another recession, President Obama’s tax attack on the folks who are most likely to succeed, invest, start new businesses, and create jobs is nothing short of staggering. Only liberal-left class-warfare ideology can explain this.
Barack Obama has been at pains to convince voters that he cares about jobs. It seems to be a hard sell.
New York City mayor Mike Bloomberg, in a radio interview on Friday, warned that high unemployment could lead to widespread rioting. That’s right. He actually said that. At a time when European cities have suffered massively from hooliganism, and at a time when U.S. towns like Philadelphia and Kansas City have suffered huge human and commercial tolls from so-called flash riots.
Watching the Republican presidential candidates and their agitated tea party supporters at the CNN/Tea Party debate, an ordinary citizen might feel confused. Those people sound angry, but exactly what do they believe our government should (and shouldn't) do on behalf of its citizens?
Is the economy standing on the front end of a new recession? As IMF executive director Christine Lagarde and World Bank president Robert Zoellick warn that the global economy is entering a new economic danger zone, there’s plenty to be worried about right here in the U.S.A.
One factor favoring President Obama's re-election, according to a recent article by political scientist Alan Lichtman, is the absence of scandal in his administration.
Bark beetles and egrets don't care whether Governor This or Senator That believes in global warming. They feel it in their whatevers. Responding to warmer temperatures, plant and wildlife are moving north or uphill to cooler elevations, according to a new study published in Science magazine. For example, higher temperatures in the Rocky Mountains have set off a population explosion of bark beetles now devouring its beautiful pine forests.
Watching the two GOP frontrunners in last night’s debate -- Mitt Romney and Rick Perry -- a couple of policy points jumped out at me.
Since the end of World War II, in both the United States and Western Europe, the best way to win a national election has been to be the incumbent political party. But that 3-generation-old predisposition of publics in Western democracies may be coming to an end.
If the 2012 election were held today, Republicans could very well have their heads handed to them. I do not think this alone. Their debt-ceiling high jinks were no doubt immensely amusing to the tea party fringe, but to those of us not getting the joke, they were an appalling attack on a fragile economy.
What is there to say about Barack Obama's speech to Congress Thursday night and the so-called American Jobs Act he said Congress must pass? Several thoughts occur, all starting with P.
Who would have really expected a 300-point stock market plunge on the day after President Obama’s so-called jobs speech?
Straw polls, real polls, debates, caucuses and primaries — these comprise the public side of presidential campaigns 14 months before Election Day. But behind the scenes, strategists for President Obama and his major Republican opponents are already focused like a laser on the Electoral College.
I remember Sept. 10, too. On that crisp night 10 years ago, friends and I went to hear Les Paul at a basement club in Times Square. The place was packed, and as was my habit in such settings, I quickly noted the fire exits.
Former Massachusetts Governor Mitt Romney joined me in Las Vegas yesterday to discuss his new jobs and economic plan. He also shared some thoughts on his new Republican rival, Texas Governor Rick Perry.
The race for the Republican presidential nomination finally seems to be gelling. On Wednesday night, candidates debated at the Reagan Library in California -- the first of five scheduled debates over the next five weeks.
In the last few weeks, leading Democrats in Congress have called Tea Party constituents terrorists, said they should go to hell and accused them of wanting to lynch black people.
