Media Blog

Other News from Jay Leno Last Night

President Obama doesn’t seem to like the House bonus tax.  WSJ:

LOS ANGELES — President Barack Obama reacted coolly to a House bill that would use the tax system to try and confiscate nearly all the bonuses paid to American International Group Inc. employees.

It’s important, he said, not to “lurch from thing to thing” in trying to address the nation’s big problems.

“Look, I understand Congress’ frustrations,” he said on “The Tonight Show with Jay Leno.” But he suggested that legislators were being more vindictive than constructive.

“Everybody’s angry… but I think that the best way to handle this is to make sure that you close the door before the horse gets out of the barn. And what happened here was the money’s already gone out, and people are scrambling to try to find ways to get back at them,” he said.

Most Popular

World

Trump and the North Korean Tipping Point

The world has been stunned by North Korean dictator Kim Jong Un’s announcement last week that he was suspending his country’s nuclear tests in preparation for the impending meeting with President Trump. Even critics have had to concede that Trump’s bellicose rhetoric since last summer regarding the North ... Read More
Sports

Hurray for the NBA

Last month, just before the Final Four, I did a Q&A on college basketball with our Theodore Kupfer. Teddy K. is back, by popular demand, joined by two other experts: Vivek Dave, an old friend of mine from Michigan, who has long lived in Chicago, and David French, National Review’s Kentucky Kid, now ... Read More
Economy & Business

Trade Misunderstandings

I was distracted by other policy topics last week but not enough not to notice Peter Navarro’s article in the Wall Street Journal, headlined “China’s Faux Comparative Advantage.” Considering Navarro’s position in the White House, it is unfortunate that it demonstrates some serious misunderstandings ... Read More