Nicholas Wapshott

The pope’s divisions

By Nicholas Wapshott
December 30, 2013

The political roundups of 2013 make little mention of perhaps the most important event to alter the political landscape in the last 12 months. It was not the incompetence of the Obamacare rollout — though that will resonate beyond the November midterms. Nor was it House Speaker John Boehner (R-Ohio) finally snapping at the Tea Party hounds who have been nipping at his heels.

The end of budget scare politics

By Nicholas Wapshott
December 23, 2013

“Are you kidding me!” The cry of anguished disbelief from House Speaker John Boehner has brought down the curtain on a five-year-long battle over public debt that will not be lifted until the presidential election of November 2016.

Obama, Castro, and the perversity of the Cuban embargo

By Nicholas Wapshott
December 16, 2013

There has been a lot of clucking about President Barack Obama shaking hands with Raúl Castro at the funeral of Nelson Mandela. For some it was bad enough that a president the Republican vice-presidential candidate Sarah Palin accused of “palling around with terrorists” should extend his hand to a Cuban communist tyrant, while mourning a world hero that former Vice President Dick Cheney still thinks was a terrorist.

Healthcare.gov: Private shame, public blame

By Nicholas Wapshott
December 10, 2013

The glitches that have dogged the government’s universal healthcare site have cast a dark shadow over the presidency and over the Democratic Party as they enter an election year when they could easily lose the Senate. The failure of anyone within the Obama administration to notice in the three long years of preparation that something was seriously amiss is an abject failure of management that has led to a self-inflicted political catastrophe.

What Mandela meant

By Nicholas Wapshott
December 5, 2013

Nelson Mandela will be remembered as the person who, more than any other, brought an end to apartheid, the heartless policy of “separate development” in which white, black and South Asian South Africans were obliged to live apart. It is part of his towering achievement that the very notion of racial segregation is anathema to democrats throughout the civilized world. He will be mourned as a freedom fighter and the father of his nation, whose wisdom, patience and courage tormented his oppressors and finally drove them to accept that racial discrimination should have no place in a system of government.

Does Japan show us the way out of secular stagnation?

By Nicholas Wapshott
December 2, 2013

Is America’s economy adrift in the doldrums? Lawrence Summers, perhaps the nation’s most inventive applied economist, thinks so. Speaking to an IMF forum last month, he described America’s current condition as “secular stagnation” in which we are stuck in a rut of weak demand, low growth, and low employment. This is the “L-shaped” recovery, or — strictly speaking, non-recovery — some warned about after the financial freeze of 2008. It is also sometimes dubbed “the new normal.”