Democrats ensure America will no longer be the last best hope of Earth.
I wanted to support President Obama’s health care reforms if I possibly could. The U.S. health care system costs too much, delivers too little and excludes too many. Americans pay 60 percent more per person for health care than any other nation. Yet Americans rank only 41st in life expectancy and live with the paralyzing […]
The economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously thought. However, all signs suggest the economy will end the year on stronger footing.The Commerce Department’s new reading on gross domestic product for the July-to-September quarter was slower than the 2.8 percent […]
Yes, say Jonathan Chait and David Frum, in pre-mortems for the G.O.P.’s efforts to derail the Democratic bill. Chait argues that the Republicans could have sold moderate Democrats on a “vastly more limited” piece of legislation, if they’d been willing to compromise early in the process. Instead, by uniting in lockstep opposition and gambling that […]
The catastrophe that struck America’s financial system in 2008 was not inevitable. Rather than a failure of markets, it was a failure by government to understand its proper role in markets — and the product of an unwise (and unnecessary) abandonment of a sensible system of rules and boundaries that had served American finance well […]