Billionaire California bond manager Bill Gross calls it "a haute con job." Bloomberg News columnist John Wasik describes it as "a testament to the art of economic spin." More and more shoppers and consumer simply disbelieve it.

The subject of this scorn is the federal government's vaunted Consumer Price Index...

Socialism, we are told, is the naiveté of youth, and a fallacious economics the United States has luckily spurned. The late Seymour Lipset, an well-known academician, penned a book in 2001 entitled It Didn't Happen Here: Why Socialism Failed in the United States.

Alas, nobody ever told the leaders...

Economic, financial and regulatory issues should dominate politics and government in the United States for the next two or three years, which is important enough. National discourse may also have a new and deserving bogeyman. Franklin D. Roosevelt had Big Business, Ronald Reagan had Big Labor, and my guess is...

George W. Bush's job approval just hit 29% in one national poll, and the incredible shrinking presidency keeps making new lows. In some Northern states, the man's job numbers are down in the teens.

Two months ago, it was suggested in this space that the prospect of having...

Two years ago in American Dynasty, I suggested that George W. Bush, if re-elected, might well face impeachment in his second term as the debacle in Iraq deepened. This has come to pass, and not surprisingly because American presidents since World War Two -- Truman over Korea and Johnson and...