Greenspan Should Have Stuck With the Clarinet By Froma Harrop
The 1949 movie of Ayn Rand's novel "The Fountainhead" ends with Patricia Neal elevating to the top of a new skyscraper to greet its godlike architect, Gary Cooper.
The 1949 movie of Ayn Rand's novel "The Fountainhead" ends with Patricia Neal elevating to the top of a new skyscraper to greet its godlike architect, Gary Cooper.
I've long considered myself a bad Republican. During the Bush administration, for example, I've felt free to whack George W. and Republicans in Congress for passing big-spending bills, such as their pork-rich 2002 farm bill, the underfunded prescription-drug bill and earmark spending. But in 2008, I find that I'm a piker in the bad Republican department.
Back in early 1981, when I went to Washington to work for President Reagan, one of the architects of supply-side economics, Columbia University's Robert Mundell, visited my OMB budget-bureau office inside the White House complex.
What will an Obama administration and a Congress with increased Democratic majorities do? That's a relevant question, given the Democrats' leads in the polls. And it's a little hard to answer, given the financial crisis that has been raging and the recession that seems to be ahead.
My Democratic friends want to know when they can stop worrying.
Every week it seems to get worse for House Republicans. As we will demonstrate below, we have expanded the number of possible to likely net gains for Democrats from our previous 15 to 20 to a new and rather astounding 22 to 27 seats.
Wherever John McCain appears on the stump in these waning days of the presidential campaign, he is always accompanied by his imaginary friend "Joe the Plumber," but it is the specter of Karl Marx that lurks just offstage.
Back in 2002 and 2004, the Crystal Ball brought misery to Democrats and joy to Republicans, as we projected the solid GOP victories that occurred in those years. The cycle of politics is not to be denied, and so in 2006 and now in 2008, there is a role reversal.
As the election enters its last two weeks, social populism wars with economic populism to become the major outlet for American anger and angst and to satisfy the demand for change. In his book The Populist Persuasion, Michael Kazin articulates the difference between these two types of populism: economic and social.
Losing a presidential race is not an easy thing. Losing the primary is one thing. But making it to the finals, so close you can almost taste it, and then watching it slip through your fingers is one of those experiences from which few people ever fully recover.
Once again in Ohio, the presidential polls are tied and its 20 electoral votes up for grabs. Such scenarios generally don't lend themselves to gentle politics.
In an age of craven politics, John McCain is not afraid to swim against the tide. When Americans soured on the Iraq War and had begun telling pollsters they wanted out, McCain pushed for a surge of U.S. troops in Iraq. Today, casualties are down dramatically and Iraqi troops are defending Iraqis.
Can Joe Wurzelbacher, Joe the Plumber from Ohio, change the course of this campaign? That’s one question that was raised at the third presidential debate.
Is Sarah Palin ready to be president? I haven't seen enough of the GOP vice presidential candidate to get a handle on the answer to that question. I know that she wants to finish the job in Iraq.
The short term impact of the third debate will be to help Barack Obama. But the long term implications may give John McCain a needed boost. Obama looked good, but McCain opened the tax-and-spend issue in a way that might prevail.
Before Wednesday night's debate, Team Obama sent out pre-debate "talking points," which Politico.com posted, that hit John McCain for his "erratic and unsteady" response to the economic crisis, while lauding Barack Obama's "steady leadership."
For a while, I had expected to emerge mostly unscathed from the eight years of George W. Bush.
For anyone who followed the story of how and why Sarah Palin fired her state's public safety commissioner, last week's release of a legislative investigation that found she had violated state ethics statutes was anticlimactic. After all, everyone knows that she and her husband, Todd, tried to push Walt Monegan, then Alaska's public safety commissioner, to fire a state trooper named Mike Wooten, who was involved in a bitter divorce from Ms. Palin's sister -- and that after Mr. Monegan refused, he lost his job.
The good news just keeps on coming for Democrats. As we discussed last week, presidential nominee Barack Obama is the clear favorite to win a substantial victory in the race for the White House
John McCain's position in the Electoral College continued to deteriorate in the previous seven days. We are making the following adjustments, accordingly.