A Kemp Growth Plan for Detroit

With Detroit filing for Chapter 9 bankruptcy, everybody knows major root-canal cutbacks are coming. Cutbacks of out-of-control government spending, pensions, and health benefits. Major cutbacks. We know that. We also know ...

Bernanke’s Bumpy Ride

No matter how many monetary officials try to sugarcoat it with damage control, the fact remains that the Ben Bernanke Fed wants to end its quantitative-easing bond-buying operations over the ...

Deflationary Rate Hike?

In the aftermath of Ben Bernanke’s announced timetable for ending Fed bond purchases, long-term interest rates have jumped up while stock prices have cratered down. As I wrote yesterday, I ...

Bernanke Jumps the Gun

Without intending to — and perhaps without even realizing it — the normally cautious Fed head Ben Bernanke may have launched a major tightening policy during his news conference on ...

Scandals, Jobs & the Economy

When President Richard Nixon collided with the Watergate scandal he was a very unpopular man. The nation at the time was suffering one of the worst recessions in history, and ...

Tax Reform Is the IRS Fix

Apart from criminal prosecution, the best way to strip the power of politics and corruption from the IRS is to initiate broad-based, pro-growth tax reform and simplification. It’s the complexity ...

No Less Than a Special Counsel

An independent special counsel with subpoena power is the only possible solution to the IRS mess. This counsel must find out exactly what happened and who was involved, and then ...

Immigration Reform Is Pro-Growth

At the end of the day, the battle over immigration reform is not about dollars and cents. It’s about the soul of a nation. President Reagan reminded us that America ...

April Jobs Aside, We’re Falling Behind

The really good news from April’s employment report is that all the pessimistic, end-of-the-world, spring-swoon forecasters were wrong. It wasn’t a fabulous report. But it handily beat Wall Street expectations. ...

Falling Gold Is a Good Thing

In the last two days gold has plunged so deep that it’s being called the worst drop — at least in percentage terms — in 30 years. That brings us ...