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December 11, 2020

Transition 2021
Transition 2021: Should a Retired General Be Secretary of Defense?

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: Biden’s nomination of General Lloyd Austin to be secretary of defense raises question…

Retired General Lloyd Austin speaks at a podium as President-Elect Joe Biden sits behind him.

June 14, 2018

U.S. Foreign Policy
What Kind of World are We Living In?

“Life today seems like a tale told by an idiot, full of sound and fury, signifying something,” writes Editor Gideon Rose in his introduction to the July/August issue of Foreign Affairs. It seems …

January 24, 2007

China
Corporate profits likely up by more in China than in the US …

OK, we don’t know how much corporate profits increased  But 29% increase in China’s corporate tax revenues in 2006 tops the 22.2% y/y increase in US corporate tax revenues so far FY 2007  … I thi…

November 10, 2011

Elections and Voting
Campaign 2012 Roundup: Michigan Debate and Romney on Iran

Republican candidates at last night's primary debate in Michigan. (Rebecca Cook/courtesy Reuters) Last night’s GOP presidential debate was primarily about the domestic economy. But it started off on…

Republican candidates at last night’s primary debate in Michigan. (Rebecca Cook/courtesy Reuters)

February 15, 2012

How, and How Not, to Debate The Budget

In our current political climate, the budget of the President is no longer a legislative proposal--it is merely an invitation to debate. And in the aftermath of the release of the budget Monday, we h…

U.S. Treasury Secretary Geithner testifies before the House Ways and Means Committee in Washington (Gary Cameron/Courtesy Reuters).