The break for me was the Medicare drug benefit in 2003. It's just grossly expensive, bad policy. After that, I no longer gave them the benefit of the doubt and started seeing the glass as half-empty.

With all due respect to Speaker Hastert, trying to eliminate the IRS by adopting a national retail sales tax is a very dumb idea.

Democrats will play the old Washington game of calling reductions in the rate of growth of spending for any program a 'cut'.

So I think we shouldn't be overly concerned about the decline in personal saving at this particular moment and time, but it's something we certainly need to keep an eye on.

I believe any decline would lock in a Fed increase with some certainty.

Many of my sharpest critics have decided to take a position of ignoring me - because they feel that by attacking me, they would draw attention to my book and give me more publicity and help me sell more books. So I think that they decided that the best thing for them to do is to say nothing. Also, I think that some of my critics simply can't refute my argument - and so it's easier for them to ignore it as well, so that they're not forced to confront the logical contradiction in their own position.

Up until 1986, the top marginal rate, the top statutory rate was 50 percent. Now it's 35 percent. And all the pressure is on to lower that even further. And this just doesn't make a great deal of sense. When people say, 'Oh, we can't raise taxes on the rich. They'll go on strike, they'll move to another country.' But within recent memory, it hasn't been that long ago that we had rates that were substantially higher. And these people did just fine. I just think that there's a disconnect between the facts of what taxes do and the sort of mythology of what they do.