On my show this week, I point out that although leftists claim that "the rich get richer and the poor get poorer," the truth is that the poor got richer too.

Media Matters says I "mangled" and "cherry picked" the data.

Curiously, the sources they list confirm my point. For instance, the graph they use shows that the poorest fifth of Americans gained 18% in inflation-adjusted income since 1979... continue reading »

Last night on The O'Reilly Factor, Bill asked me skeptically about Ron Paul's wanting to "do away with the Fed."

I replied that I agreed that it was a fatal conceit to think that a committee of twelve men should have so much power. I also said that a recession that began in 1920 ended quickly, and there was "no Fed " at the time. I was wrong! The Federal Reserve was actually created seven years before. Also, it's called the "depression' of 1920-21... continue reading »