Conservatives Are Having an Epic Argument About Capitalism. Too Bad the Campaigns Are Ignoring It.

But last week’s publication of Freedom Conservatism: A Statement of Principles, with signatories including Dick Armey, Karl Rove, Grover Norquist, George Will and a cross-section of Washington think-tank worthies, made a splash precisely because so many old Republican shibboleths have moved from being stump-speech cliches to being subjects of actual disagreement among conservatives. And in … Read more

A steady economy offers no boost for Biden

The Fed will face another major decision on rates at its September meeting. While there are clear signs that prices aren’t spiking as quickly, and that the economy can avoid a recession, Powell warned in a press conference last week that the central bank had “a long way to go.” Fed policymakers are also projecting … Read more

DeSantis’ conservative populism has left some donors chafing

“DeSantis made a fatal error — his whole anti-Disney, anti-corporate stance is so foolish,” said Kathy Wylde, president and CEO of the Partnership for NYC — a trade organization that represents Wall Street executives. “I know a donor to him who sat him down, and told him what a mistake this was early on, and … Read more

Biden’s approval rating for the economy remains at about a third, poll finds

In recent months, the Biden administration has hit hard the president’s economic policy, known as “Bidenomics,” amid falling inflation, steady job growth and diminished talk of a forthcoming recession. But it’s struggled to catch on, evidenced by the poll also finding that only 34 percent of surveyed Americans would describe the economy as very or … Read more