The United States and China have both beefed up their naval presence in Southeast Asia, leading to fears of a military confrontation. This is just one example of China flexing its military muscle in recent months, and it coincides with a slowdown in the nation's economy.

We haven't learned to be the majority party. We haven't learned how to lead. We're still stuck in the opposition.

It's always unfortunate when a reporter is sent behind bars for failing to turn over sources. There's no way to say what the long-term outcome will be.

Income tax in particular in the United States is concentrated on the top half of the income distribution, and very heavily skewed towards the top 10 or even top 1 percent.

In some senses, I think it's almost deliberately anachronistic. There's a retro feel to the [Donald] Trump program.

I think, as a historian, what strikes one the most about this [Donald'd Trump] program is just simply its nationalism, with his commitment to the redevelopment of American manufacturing and industrial jobs, providing jobs for the constituency that was so important in electing him.

There's no doubt that [tax cuts] act as a stimulus. How could they not, in a sense? You're giving cash back to households.