Magazine November 30, 2020, Issue

Debt, Deficits, and the Donald

(Steve Marcus/Las Vegas Sun via Reuters)
With Republicans like these, who needs Democrats? 

Speaking to a CNBC reporter back in January, White House aide Larry Kudlow boasted about economic growth under President Trump (and blamed the Fed and others for its not being even higher): “You’ve gone from 1.5 percent to 2 percent growth. We had it going at almost 4 percent, then the Fed tightened. . . . We’re now down to 2.5 percent to 3 percent. I’m looking for faster growth.”

Kudlow was correct to prioritize economic growth. In a paper for the Mercatus Center, William Beach and I noted that if the economy were to grow at an inflation-adjusted rate of

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In This Issue

Articles

Books, Arts & Manners

Sections

The Week

The Week

During the campaign, Democrats used the coronavirus pandemic as a cudgel against Trump and other Republicans.

Most Popular

Elections

Our Conspiracy-Minded Subculture

On the menu today: Attorney General William Barr declares that he and the Department of Justice have found no evidence of widespread vote fraud that could change the outcome of the 2020 election; some Trump fans conclude the attorney general has been a deep-state sleeper all along; and why this country is likely ... Read More
Elections

Our Conspiracy-Minded Subculture

On the menu today: Attorney General William Barr declares that he and the Department of Justice have found no evidence of widespread vote fraud that could change the outcome of the 2020 election; some Trump fans conclude the attorney general has been a deep-state sleeper all along; and why this country is likely ... Read More
World

China’s Pandemic Deception

You’ve made it to December in our annus horribilis. On the menu today: sorting through CNN’s fascinating but not completely illuminating bombshell involving leaked documents from the Hubei, China Center for Disease Control and Prevention, filling in some details about the early days of the pandemic. More ... Read More
World

China’s Pandemic Deception

You’ve made it to December in our annus horribilis. On the menu today: sorting through CNN’s fascinating but not completely illuminating bombshell involving leaked documents from the Hubei, China Center for Disease Control and Prevention, filling in some details about the early days of the pandemic. More ... Read More
Economy & Business

The Corporate-Woke Complex

On Sunday, the New York Times reported that several multinational corporations including Apple and Nike are lobbying against legislation that would ban products from China’s Xinjiang province, many of which are made by forced Uyghur labor. Lobbyists are arguing that, although their clients oppose forced labor ... Read More
Economy & Business

The Corporate-Woke Complex

On Sunday, the New York Times reported that several multinational corporations including Apple and Nike are lobbying against legislation that would ban products from China’s Xinjiang province, many of which are made by forced Uyghur labor. Lobbyists are arguing that, although their clients oppose forced labor ... Read More