The Corner

Fasten Seat Belts

First depressing graph of the week, courtesy of Your Lying Eyes.

Our growth in the boom times from 1961 into 1969 gave us 5 percent annual growth. The truncated boom last decade featured a pathetic 2.7 percent rate of growth. The trend of GDP growth shows a clearly declining trend line – at this rate we can expect growth this decade to average under 2 percent. I doubt we’ll be able to climb very far out of debt at that growth rate.

The river of Western prosperity has silted up. To dredge it will involve breaking a lot of public-sector rice bowls, facing down a lot of angry mobs, breaking a lot of promises, managing some major public disorder.

Most Popular

White House

What Is Hillary Clinton Thinking?

When Homer Simpson looks in the mirror, he sees ripped chest muscles and arms like the trunks of beech trees. When Hillary Clinton looks in the mirror, she sees America’s sweetheart. She thinks: America adores me. She thinks: America already chose me to be president once! She thinks: Everyone is comparing me ... Read More
Law & the Courts

Grassley’s Kangaroo Court

So now it looks like next Thursday. On Judge Brett Kavanaugh’s manifestly meritorious nomination to the Supreme Court, what was supposed to be the vote out of the Senate Judiciary Committee this past Thursday now appears to be sliding into a hearing to be held next Thursday. Or, who knows, maybe a Thursday ... Read More
Law & the Courts

Censure Dianne Feinstein

Regardless of the fate of Brett Kavanaugh’s nomination, the Senate should censure the ranking Democratic member of the Judiciary Committee, Dianne Feinstein. Her deception and maneuvering, condemned across the political spectrum, seriously interfered with the Senate’s performance of its constitutional duty to ... Read More

Are We on the Verge of Civil War?

Americans keep dividing into two hostile camps. It seems the country is back to 1860 on the eve of the Civil War, rather than in 2018, during the greatest age of affluence, leisure, and freedom in the history of civilization. The ancient historian Thucydides called the civil discord that tore apart the ... Read More