Thank goodness the tedious presidential campaign is over. It was enough to put a caffeine freak into a coma. If all you cared about was the horse race, you missed how anemic the past year was. Rhetoric aside, the differences between Barack Obama and Mitt Romney were virtually inconsequential; big government was never in doubt. That being the case, Obama’s four-year ...

Mitt Romney, whose bid to unseat Barack Obama looks more desperate every day, senses he’s found a weakness in his rival. In a foreign-policy speech the other day, he blasted Obama over the upheaval in the Arab world, saying, “This is a time for a president who will shape events in the Middle East.” Romney is making two claims: that Obama has failed to shape events in ...

The shooting in the Aurora, Colo. movie theater has incited the usual debate over guns. One side says tighter gun restrictions could have prevented the horrible incident that night. The other responds that more guns in the hands of law-abiding people might have prevented it. While the theater chain prohibits firearms, it is hard to say that the alleged shooter, James ...

National security is a scam — an $8 trillion scam. That’s the amount spent since September 11, 2001, on the military, including the Iraq and Afghan wars, and “homeland security,” according to Christopher Hellman of the National Priorities Project. If “veterans benefits, future costs for treating the war-wounded, and interest payments on war-related borrowing” are ...

You can almost see the panic on their faces. The politicians, central bankers, and court economists seem to be thrashing around like bad swimmers caught in a riptide. Despite all attempts — stimulus spending, increased borrowing, the Fed Reserve’s low-interest-rate policy, presidential jaw-boning — the economy refuses to recover. Unemployment remains over 9 percent, ...