Nicholas Wapshott

Can Republicans tell the truth to themselves?

By Nicholas Wapshott
January 29, 2013

To understand how far the republic founded by the famously truthful George Washington has become a mendacious nation, you need look only as far as the Weather Channel. According to a report, the meteorologists there deliberately and routinely tell untruths about the prospect of rain so that when it turns out to be sunny the network’s viewers feel unexpectedly happy. The practice, it seems, is widespread among weather forecasters. Joe Sobel, a meteorologist for Accuweather, tells his audience it will rain when he knows the likelihood is small because “when the forecast is for good weather and it’s bad, I certainly will get more grief than if the forecast is for bad weather and it’s good.”

Immigration reform could tear GOP apart

By Nicholas Wapshott
January 25, 2013

Immigration reform is being discussed again on Capitol Hill. At his inauguration, President Barack Obama declared, “Our journey is not complete until we find a better way to welcome the striving, hopeful immigrants who still see America as a land of opportunity.” Senior Republicans, too, seem ready to make a deal. They sorely need to do so, because Mitt Romney’s damaging policy of self-deportation ensured that Hispanics voted overwhelmingly for Obama, and demographic changes mean unless the party changes tack fast it will keep losing. But there is an enormous gulf between what the Republicans need to do and what the base will go along with. What is at stake is whether the GOP remains a party of government or becomes a mere protest movement.

Getting Europe out of its mess

By Nicholas Wapshott
January 23, 2013

When the 2012 Nobel Peace Prize was awarded to the European Union, jaws dropped from Belfast to Belgrade. The citation said the EU had helped transform Europe “from a continent of war to a continent of peace,” and that its “most important result” was “the successful struggle for peace and reconciliation and for democracy and human rights.” Many think that is a strange way of interpreting the last 100 years, given that the maintenance of a free Europe since the end of World War Two is due more to the thankless diligence of NATO and the unsung generosity of the United States.

The looming currency war

By Nicholas Wapshott
January 23, 2013

Are we about to be sucked into a currency war? As the world economy continues to splutter, countries are looking for ways to break out of the mire. One way of gaining popularity is to promote growth through making exports cheap. The key to an export-led recovery is to devalue a national currency, thereby lowering the prices of exports. By allowing its currency price to slide, a nation can launch a surreptitious trade war against its commercial rivals. Western nations have for years accused China of taking an unfair trade advantage by keeping its currency, and therefore export prices, artificially low. By allowing their currencies to devalue, Western countries are fighting back.

How the NRA hijacked the Republican Party

By Nicholas Wapshott
January 18, 2013

There are few better ways of grasping how far the Republicans have abandoned the middle ground, where they used to win elections, than the way their leaders have become agents of the gun industry. Conservatives used to consider themselves law-abiding citizens who put great store by the permanence of institutions, by the rule of law, and by the traditional caution and common sense of the sensible majority. Such devotion to stability, continuation, and moderation explains why so many conservatives were alarmed when the social revolution of the Sixties erupted. Suddenly, it seemed, everything was on the move. Children no longer believed in the wisdom of their elders, nor obeyed the unwritten rules that had guided every previous generation. The days of everyone knowing their place and remaining in it were overthrown and it appeared that anarchy had broken out in America.

Austerity still doesn’t work

By Nicholas Wapshott
January 16, 2013

Does austerity work? As many Tea Party activists and conservative economists suggest that the solution to America’s economic ills is a large spoonful of the bitter medicine of austerity, it is a question worth asking. A few months of misery may be worth it if the result is strong growth and full employment. First witness for the austerity prosecution is Latvia, for which some extravagant claims are being made. The economy of the former Soviet satellite and current member of the European Union was nose-diving in 2008-9. Now it is growing again.

The Oscars: Reflections of America

By Nicholas Wapshott
January 11, 2013

When the Oscar presenters rip open the envelope for best picture at the Academy Awards next month they will be offering a rare glimpse into the soul of America.

Since when have personal guns been used to defend political liberty?

By Nicholas Wapshott
January 9, 2013

Piers Morgan is the most unlikely campaigning journalist. The smooth-faced Morgan, who arrived from Britain to replace Larry King as CNN’s chief celebrity interviewer, can, if pushed, engage with serious guests on serious topics. But, as someone who cut his teeth writing showbiz tittle-tattle for Rupert Murdoch, he seemed more at ease pitching softball questions to boldfaced names plugging their latest products.

The real reason Obama wants Hagel

By Nicholas Wapshott
January 8, 2013

You might imagine the president has quite enough trouble on his hands with the looming battle with House Republicans over extending the debt ceiling without opening a second front over the appointment of Chuck Hagel as secretary of defense. Although a distinguished former Republican senator, Hagel has already attracted venomous opposition from his old colleagues who think, among many other complaints, he is not sound on Israel and has been too critical of American policy in Iraq and Afghanistan.

The high cost of hating government

By Nicholas Wapshott
January 2, 2013

The tourniquet applied by the outgoing Congress to the economy allows a two-month breather before we are consumed by the next deadline. The president and his party can allow themselves a brief moment of celebration for imposing higher taxes on the richest Americans, but the next stage in fixing the nation’s fiscal problems may not be as easy. By the end of February, lawmakers must find enough cuts in public spending to allow the debt ceiling to be raised. Two more months of uncertainty will prevent businesses and consumers from making spending decisions that would bolster the economic recovery.