... the top 10 percent of incomes pay 70 percent of the income taxes and cast about 25 percent of the vote.

The stagnation of the Japanese economy in the past 20 years is eloquent testimony to the fact that government usually gets it wrong. Sometimes it makes the wrong decision because it fails to anticipate the market (as Japan did when it downplayed laptop computers and stressed mainframes).

The Democratic Party opposes tax cuts but it cannot say so publicly. Thus, it is forced to support the idea of lowering the tax burden but using class warfare rhetoric to dispute the allocation of the relief.

(Howard Dean) is proving that the Internet is a better, cheaper, and faster way to raise money than the old glad-handing of special interests and fat cat donors. He's also about to demonstrate that the Internet is a better place to spend campaign dollars than are TV stations and media time buys. The fact that Internet communications is free makes one-on-one retail politics more effective, more rapid, and less costly than mass communication.

Presidents generally do what they are good at in their first four years, then spend their second term responding to the agendas imposed upon them by events.

Legislative action will never bring genuine campaign-finance reform. Consultants will prove endlessly inventive in gaming whatever system the reformers can devise so as to give their candidate an edge and allow the power of massive money to be felt. But reform laws will become irrelevant and redundant as the Internet replaces the special-interest fat cats as the best way to raise money and takes the place of TV as the most effective way to get votes.

Each morning we sat reading our copy of the New York Times, the Washington Post or the Los Angeles Times and ruminated on their prophecies of doom and quagmire. Then we looked up to see, on television, correspondents actually embedded with our troops, reporting quick advances, one- sided firefights, melting opposition and, finally, welcoming crowds.