Status quo preserved
This election was fought over two issues as old as the Republic, the proper scope and actual competence of government. And the president persuaded.
Taking America’s pulse
What one lexicographer, Samuel Johnson, said of Milton’s “Paradise Lost,” can be said of this campaign: No one ever wished it longer.
Willy Loman on the stump
All politicians are to some extent salesmen. But Obama, having devalued the coin of presidential rhetoric by the promiscuous production of it, increasingly resembles a particular salesman…
Mugging our descendants
The election eve mood is tinged with sadness stemming from well-founded fear that America’s new government is subverting America’s old character.
America, finally home?
The death of George McGovern on the eve of the presidential candidates’ foreign policy debate underscored a momentous political reversal spanning four decades.
Seeds of our dysfunction
America’s public-policy dysfunction exists not because democracy isn’t working but because it is.
The Fed’s mission creep
The Fed has done much good since its founding 99 years ago. It cannot, however, do every good thing, although Congress now seems to think it should.
Too big to maintain?
If in four weeks a president-elect Mitt Romney is seeking a Treasury secretary, he should look here, to Richard Fisher, president of the Federal Reserve Bank of Dallas.
Humpty Dumpty over recess
When on Jan. 20, 2009, Barack Obama swore to defend the Constitution, he did not mean all of it.
A masterfully prepared Romney unleashed his inner wonk, tutored a peevish President Obama, and reminded Americans that it is the voluntary and creative collaboration of individuals that creates opportunity.