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One Year Later: Has Obama Lived Up to the Promise?

What a difference a year makes. On Election Day 2008, a wave of euphoria swept round the world over the news that America had elected not just its first black president but also a transformational figure who, despite “the enormity of the task that lies ahead,” assured us that “all things are possible.” Has Barack Obama lived up to the promise?

This Tax Cut May Pay Dividends

President George W. Bush is back for round two. His 2001 tax cut, which was intended to shore up the sagging economy, put money in the pockets of taxpayers in...

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