Fresh off her pronouncements on the Fed's "quantitative easing" and federal aid to the states, Sarah Palin this week added the deficit and Medicare to her Potemkin façade of policy expertise. A year after she first endorsed converting Medicare into a voucher program, Palin took to the pages of the Wall Street Journal to endorse […]

As Ronald Reagan's budget chief almost thirty years ago, a frustrated David Stockman famously lamented that when it comes to spending discipline, "there are no real conservatives in Congress." Now, three decades after he concluded "the supply-siders have gone too far," Stockman called the Republican demand for another $700 billion tax cut windfall for the […]

During the 1980 presidential campaign, Ronald Reagan quickly deflated Jimmy Carter’s reelection bid with a simple question, asking the American people, “are you better off today than four years ago?” The answer, at a time of high unemployment, staggering inflation, spiraling energy prices, and hostages in Tehran, was an obvious - and devastating - no. […]