Breakingviews

Review: Paul Ryan changes delivery but not direction

August 22, 2014

“The Way Forward,” by the U.S. congressman and former VP candidate, is more campaign manifesto than memoir. Ryan’s rhetoric has softened but his harsh policy proposals haven’t. The title is accurate in at least one way. His austerity ideas probably will guide Republican strategy.

Election reveals clear calculus: 47 pct > 1 pct

November 9, 2012

Ultra-wealthy candidates and supporters - from the billionaire Koch brothers and their man Mitt Romney to pro wrestling maven Linda McMahon - learned the hard way that money can’t buy everything in America. Voting rights can be a great equalizer in a land of income inequality.

New banking sheriff will aim further to the right

November 7, 2012

Texas Republican Jeb Hensarling is likely to be the next chairman of the agenda-setting U.S. House Financial Services Committee. He wants to gut Dodd-Frank but is also keen to get Uncle Sam out of housing and refocus the Fed. Such a bold agenda could be tough to advance, though.

The biggest winner in U.S. election: Mr. Uncertainty

November 6, 2012

As voters hit the polls, it’s becoming increasingly evident that whether Obama gets another shot or Romney takes over neither will have much of a mandate. It doesn’t take a worst-case, recount scenario to foresee an outcome of extreme gridlock that dampens financial markets.

Chris Christie may soon feel Barack Obama’s pain

November 5, 2012

New Jersey’s Republican governor faces a Sandy-related revenue hit that will make it hard to balance the budget, as mandated. Deeper cuts to services or even a tax hike may be needed. Christie gets his chance to show the president he opposes how leadership and compromise work.

There’s something rotten with U.S. labor picture

November 2, 2012

Friday’s employment report was relatively OK, and good for Obama, with 171,000 job gains. But 32 months from the bottom and only half of lost jobs have been recovered. What’s clear is that each recession is becoming harder than the last, hinting at larger structural problems.

Storm dents Wall Street but spares U.S. election

By Breakingviews Columnists
October 30, 2012

The force of Hurricane Sandy left much of Lower Manhattan dark and could cost $20 bln or more. Luckily for voters, the weather arrived a full week before the Nov. 6 vote. The pundits will spin it, but the political impact of chaos in mostly Obama-leaning states is probably small.

To fix U.S. finances requires compromiser-in-chief

October 25, 2012

Achieving a grand bargain on tax, entitlements and spending will take a leader who is capable of bipartisan dealmaking. Having worked with Democrats as governor of Massachusetts, Romney may have the edge over Obama, whose signature legislative triumphs were party-line deals.

Last U.S. debate neglects foreign policy realities

October 23, 2012

Listening to Barack Obama and Mitt Romney spar, it would have been easy to forget that Europe exists, free trade matters or global coordination of finance remains a priority. Worse, the politically facile China-bashing suggests both men are missing the big opportunity.

Breakingviews e-book: The U.S. election

October 16, 2012

America is divided. That at least is the message from the two parties in the run up to Nov. 6 U.S. presidential and congressional votes. With Barack Obama and Mitt Romney neck-and-neck in polls, our latest e-book examines how we got here, and the main fiscal and economic challenges facing the next American president.