Many retirees feel they have ‘paid’ for benefits through their payroll taxes. This is much closer to being true for Social Security than it is for Medicare.

Let us count the ways in which Social Security is and is not like a Ponzi scheme

Sir, Lawrence Summers is certainly correct in asserting that the right focus of the European countries must be on restoring economic growth if they are to restore fiscal sustainability (“Growth not austerity is the best...

How out-of-pocket health spending added 10 million people to the ranks of the poor.

Healthcare will overtake shelter within five years to become the single largest category of consumption. How has this happened?

The Times is a great newspaper--the only remaining consistently reliable news outlet in this country, and probably the best in the world. Thankfully it has the integrity to wash its dirty laundry in public. That should make for quality journalism going forward.

In a federal republic, in which none of the GOP candidates on the stage at the Tea Party/CNN debate are currently members of the Senate, and the only two members of the House are backbenchers who often cast lonely votes in dissent, where the candidates come from and what they have had to or have chosen to do makes a significant difference, and becomes a target for opponents.

The temptation on Capitol Hill is for Republicans to just crow briefly that "we told you so," issue a few press releases, hold a hearing or two, and then wait for another low-hanging rotten fruit of ObamaCare to fall off the tree through the forces of economic and political gravity. They should instead think more strategically about this opportunity.