The economy is suffering from something like a summer swoon. In the words of business columnist Jimmy Pethokoukis, the recovery summer has gone bust. We all know this from the sloppy statistics coming in for jobs, retail sales and, most recently, manufacturing. But market-based indicators are telling the same story.
The JetBlue flight attendant who theatrically quit his job by cursing out a "rude" passenger and exiting via an emergency slide has become a working-class hero to many. But Steven Slater's story didn't hold up for long. It now appears that the gash allegedly caused by someone slamming an overhead bin into his head was there before the flight. Slater was acting like a jerk long before takeoff, according to recent reports.
The deaths this week of two political Old Bulls has inspired some harsh commentary.
Taxpayers don't look at taxes the way the people who spend the tax money do. Take the battle over the extension of the "Bush tax cuts." Americans to Washington: They were tax cuts in 2001 and 2003. If Washington allows all or parts of the "Bush tax cuts" to expire at the end of the year, the result won't be to not cut taxes, as Beltway lingo and President Obama suggest, but to raise taxes.
My friend Kath would have turned 60 this week.
The more things “change,” the more they stay the same in Barack Obama’s Washington, D.C. – especially when it comes to government transparency.
Prosecutors at the U.N. Special Court for Sierra Leone at The Hague interrupted the trial of former Liberian leader Charles Taylor last week with some comic relief. They put supermodel Naomi Campbell on the stand to tie Taylor to the trade of "blood diamonds."
Among the most revealing aspects of life during the Obama presidency is the panoply of responses to a black family in the White House. What made so many of us proud of our country on Jan. 20, 2009, has increasingly provoked expressions of hatred from the far right. That is troubling, but not nearly as troubling as the behavior of conservatives who excuse, embolden or simply pretend to ignore the bigots surrounding them.
"The pace of economic recovery is likely to be more modest in the near term than had been anticipated." Those were the carefully chosen words of the Federal Reserve Board after its meeting Tuesday. Translation into English: We wuz wrong.
Suppose the U.S. government had posted a budget surplus in 12 of the past 13 years. Suppose not a single major American financial institution had failed or needed a government bailout. Suppose the U.S. economy grew at an annual rate of 6.1 percent in the first quarter of this year, rather than at 2.7 percent.
That's what the ads used to say, back in the day when air travel was considered glamorous, stewardesses were required to be young, slim and beautiful, and people actually "dressed" to take a plane. As for me, I thought it was glamorous just to go to the airport, much less get on a plane.
The cheerful, jaded, sneering question de jour from liberal journalists and Democratic Party commentators (I know, there's a pretty fine distinction) is, "What will the Republican Party do if it gets back the House?" The question is phrased along the line of what a car-chasing dog would do if it caught the car.
Trust Republicans to go too far. They take a good idea -- such as the notion that the federal government should enforce immigration laws, and states should be able to help -- and then drive it into the fringes. Witness a Fox News interview in which Sen. Lindsey Graham, R-S.C., declared, "We should change our Constitution and say if you come here illegally, and you have a child, that child is automatically not a citizen."
Republicans are starting to think about how to answer the Robert Redford question.
There are two kinds of people in California politics: those who want Sacramento to ban plastic grocery bags and those who just want state pols to pass a budget.
With the disappointingly soft jobs report for July and a faltering recovery overall, is Team Obama getting ready for some sort of new, liberal-left, Keynesian, big-bang stimulus package? Will it be desperate to "do something"?
Every campaign season is filled with the good, the bad, and the ugly—enough to fill a book. Here’s an interim selection of examples as we prepare to enter the full-blown general election season.
Will higher tax penalties on investment really spur jobs and faster economic growth? Most commentators would say no. It's really a matter of economic common sense. But Tim Geithner says, Yes!
"Are you really a Democrat?" someone wrote to me recently, after I wrote a column criticizing the president's decision to go on vacation in Martha's Vineyard while so many people -- especially in the tourist-challenged Gulf -- are suffering.
Democrats will "drain the swamp of Washington" if they win control of the House. So promised California Rep. Nancy Pelosi before the 2006 election that led to her becoming speaker of the House.
