Will we recover, unbridle ourselves of debt, innovate, pay for our national security? Or, is China fated to become number one, leaving us to live in a Chinese world?

Conditions in Yemen have changed with the onset of the Arab Spring. Political unrest has created openings for the country’s established opposition movements – including al Qaeda – to maneuver for power. Whether the Arab Spring has brought real regime change in Yemen is unclear. While the international community awaits a fully functional government in the capital of Sana’a, al Qaeda may continue to expand its safe haven in the south.

How George W. Bush acquired and spent political capital--but then lost it irretrievably--defines his legacy.

This nation employs several methods for taxing capital income, both at the individual and the corporate level.  There is a massive economic literature that documents strong theoretical and empirical support for the United States to reduce its capital taxes

Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.

It's comfortable living in a cocoon -- associating only with those who share your views, reading journalism and watching news that only reinforce them, avoiding those on the other side of the cultural divide.

Liberals have been doing this for a long time. In 1972 the movie critic Pauline Kael said...

The "Buffett Rule's" stated goal of making millionaires pay the same tax rates as the middle class is appealing. Unfortunately, the proposal is based on inaccurate claims about the tax system and its enactment would penalize the investment that fuels long-run economic growth.

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.