ArcaMax

Responding to polls that show that voters are worried and angry about the high cost of housing, both major parties are floating plans to make buying a home more affordable. Vice President Kamala Harris and the Democrats want to encourage new housing construction and subsidize first-time homebuyers by $25,000, which economists worry would have ...Read more

"Get a job!" That's the cliched response to panhandlers and anyone else who complains of being broke. But what if you can't?

That dilemma is the crux of an evolving silent crisis that threatens to undermine the foundation of the American economic model.

Two-thirds of gross domestic product, most of the economy, is fueled by personal consumer...Read more

The U.S. government wastes approximately $4.5 trillion each year. "A billion here, a billion there, and pretty soon you're talking real money," Senate Minority Leader Everett Dirksen, an Illinois Republican, famously said, and said often. In this case, you're talking about thousands of billions. (Four and a half trillion dollars is the ...Read more

The United States is one of the most politically polarized countries in the world. Because effective lawmaking requires bipartisanship, and members of Congress are, like their constituents, at their most ideologically divided point in a half-century, cooperation is in increasingly short supply. As a result -- or, more precisely, nonresult -- ...Read more

Anyone who has experience haggling at a flea market has intuited the basics of negotiating. If a seller offers the item you want at a fire-sale price that you're unlikely to find elsewhere, smile, pay the asking price and walk away before they change their mind. If the requested price is many times higher than you're willing to pay, just walk ...Read more

Then-Sen. Barack Obama's 2008 run, a classic identity play, emphasized the history-making potential of electing the nation's first Black president. No one knew or cared much about Obama's policy positions, and he didn't bother to share them. Sen. Bernie Sanders' 2016 and 2020 bids were policy arguments focused around a succinct set of issues: ...Read more

Democrats were relieved when President Joe Biden finally pulled out of the presidential race. That was understandable. It was easy to see why they quickly coalesced behind Vice President Kamala Harris as Biden's replacement: Time was short, there's no standard party process for putting on a snap second round of primaries, and passing over a ...Read more

Poor Joe. No. Poor us . Poor United States. Poor Democratic Party.

We've been suckered. While we were fearfully obsessing over the ethically challenged former President Donald Trump, a much more talented grifter -- President Joe Biden, along with his hidden passel of coconspirators -- conned the electorate, the news media and most of ...Read more

With the exception of those who explain themselves, like John Wilkes Booth and Leon Czolgosz, political assassins tend to take their motives to the grave. Though the real reasons for their acts tend to be personal to the point of quirky -- like John Hinckley hoping to impress Jodie Foster -- Americans often point the finger at inflammatory ...Read more

Why, frustrated Democrats are asking, is the news media ignoring signs that former President Donald Trump is (also) suffering cognitive impairment? Why are they focusing on President Joe Biden's debate performance and calling on him, but not Trump, following his conviction on 34 felony counts, to drop out of the campaign?

You have reasonable ...Read more

President Joe Biden's unsteady performance in last week's presidential debate has sparked a debate of its own between Democrats: between those who believe the president's chances of reelection have dropped so dramatically that he should be replaced as their nominee, and loyalists determined to stay the course lest the fragile coalition between...Read more

Serendipity plays such a starring role in our lives that we never stop to ask ourselves whether we ought to accept it. A random event, especially one that turns out to be your "big break," becomes a charming story -- even though, really, such happenstance is an indictment of a system that is no system at all.

Donald Sutherland, The New York ...Read more

The American packet ship Poland was traveling from New York to Normandy when, in May 1840, it was struck by lightning. A fire broke out. A Bostonian later recalled that one fellow passenger, a Frenchman, responded to the captain's call to abandon ship with the suggestion that seats on the lifeboats go to "women and children first." Everyone ...Read more