Today is the second anniversary of the attacks on the Pentagon and World Trade Center and many Americans will be visited again by the familiar but unwelcome tightness in the stomach, the perceptible acceleration of the pulse. The sound of an airplane passing overhead seems to jump at our ears. People are solemn [...]
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The Fourth Outcome
The scariest thing I heard last week was a radio interview with Princeton economist and New York Times columnist Paul Krugman. Mr. Krugman said the federal deficit is growing so large and so quickly that one of three potential outcomes is nearly inevitable.
Outcome one – higher taxes. It’s fairly certain George W. Bush [...]