So it's come down to this. On Saturday, David Stockman, the legendary Reagan budget chief who presided over the Gipper's supply-side tax cuts, announced that the "debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter […]

Friday's news that U.S. second quarter economic growth slipped to 2.4% produced shared concern across the political spectrum about the sluggish pace of the recovery. But among economists if not politicians, there is also an overwhelming consensus that without the Obama stimulus program, things would have been much, much worse. Now, a new analysis from […]