The health care debate is a great example of why Americans hate politics. Both Republicans and Democrats pursue their plans with ideological zeal and reckless disregard for the truth....
Letting homeowners deduct interest paid on their mortgages from taxable income makes no sense. It encourages taking on more debt, discriminates against renters, subsidizes one kind of spending over others and favors the upper incomes. It advances the questionable public goal of making more Americans into homeowners. And it costs the Treasury about $100 billion a year.
One of the services of the Simpson-Bowles Commission was to set out a path for tax reform, with lower income tax rates and removal of many tax preferences -- or, to use the commission's term, tax expenditures.
Bill Clinton got rave reviews for his speech at the Democratic National Convention. My wife said: "Clinton was great. He made Republicans look like liars and losers." Clinton, now a sainted elder statesman, also gets credit for the booming economy of the '90s.
What Mitt Romney truly believes is anybody's guess. Whether Romney as president would act on those beliefs is also a guess. And we can't rule out the possibility that he doesn't have any beliefs outside of religion and investment strategies. Why he's running for president remains unclear, though commander in chief looks impressive on a nametag.
The consensus on Barack Obama's acceptance speech Thursday night, and in effect on the Democratic National Convention as a whole, is that it was a bust.
One reason may be optics. Obama was scheduled to deliver the speech in a stadium seating 64,000 people. But on Wednesday, after Charlotte, N.C., had been pummeled by periodic rainstorms all week, organizers moved the event to the convention hall.
Perhaps the reason for President Obama’s flat and energy-less speech Thursday night -- TV cameras panning the convention floor actually showed delegates falling asleep -- was that he already knew Friday’s jobs numbers were going to be a disaster. The August unemployment report completely punctured his argument that if you just give him four more years, his policies will solve the economy.
Whenever the Library of America -- the publisher that releases those elegant volumes with white, cursive writing on black covers -- comes up with its next book of classic political oratory, we’ve got a pretty good idea of two speeches that won’t be included.
Bill killed. Nominating Barack Obama for a second term, the former president brought to bear the full weight of his political experience and forensic skill Wednesday night, on behalf of a man who was once his adversary.
Mercifully, the political conventions have ended. The political press will keep buzzing over whether Clint Eastwood's unconventional speech helped or hurt Mitt Romney and whether the snafu over Israel and God...
"One question, Mr. President," read the words on the front cover of this week's Economist, behind a silhouette of the back of Barack Obama's head, "just what would you do with another four years?"
Are you better off today than you were four years ago? Ronald Reagan's 1980 campaign zinger is back in 2012.
The Republican Convention ended on the theme "Believe in America." That sounded nice, but it was just another platitude. Mitt Romney's speech was filled with platitudes: "We will honor America's democratic ideals. ... We're united to preserve liberty."
The 40th Republican National Convention is now history, and political strategists and pundits are poring over the poll numbers to see whether Mitt Romney and Paul Ryan are getting a post-convention bounce in what have been very closely divided polls.
On the same day that Mitt Romney cracked his birther "joke," new evidence indicated that he and his partners at Bain Capital have used questionable methods to avoid federal taxes -- including a scheme that transforms corporate stock into untaxed offshore "derivatives" and a practice that converts management fees into capital gains, which are taxed at a far lower rate.
Political junkies get excited about the Republican and Democratic national conventions, but for many Americans they provide a stark reminder of how out of touch our political system has become. The strange rituals and bad jokes seem oddly out of place in the 21st century, almost as strange as seeing an engineer use a slide rule rather than an iPad to perform some complex calculation.
No balanced talk of immigration reform is expected before the November election. But that need not stop the airing of proposals, some of them semi-formed, some half-baked.
From the left, we have the TRUST Act, a bill passed by the California Legislature and now awaiting Gov. Jerry Brown's uncertain signature. It would require local law enforcement to defy some federal requests to hold arrested illegal immigrants pending checks for criminal records. That would force police to break either state law or federal law. The TRUST Act's sponsors should know that immigration is a federal responsibility in California as well as in Arizona.
TAMPA, Fla. -- The Republicans who are assembled here have been told time and time again that Barack Obama's great advantage over Mitt Romney is likability.
In front of a spirited crowd that packed the Tampa Times Forum, Chris Christie gave a solid speech which echoed Mitt Romney's programs consisting of substantial budget cuts, tax cuts, and entitlement reform.
Forty years ago, the United States locked up fewer than 200 of every 100,000 Americans. Then President Nixon declared war on drugs. Now we lock up more of our people than any other country -- more even than the authoritarian regimes in Russia and China.
