The poor have become fat and happy, the rich impoverished. This is why we are in the fix we are in. Everyone wants to be poor, because it has so many more advantages!

has wielded a considerable supply-side stick, which accounts for the administration's aggressive tax cutting.

the most influential political economist of the last generation.

The Democratic Party will, one of these days, stop resisting the philosophy that President Kennedy briefly revived for his party. It will have to, if it ever again aspires to be the majority party.

The most worrisome aspect of Greenspan's European remarks is that he is in denial, and as long as the most powerful central banker in the world is kidding himself that he knows what he is doing, we all have to fasten our seatbelts.

Will GWB be the (Herbert) Hoover of his age?