As good as John McCain’s pro-growth, supply-side tax plan is, his cap-and-trade strategy unveiled this morning is very hard for conservatives to swallow. The whole cap-and-trade experience in Europe and elsewhere reveals that this is a huge government command-and-control operation that taxes, spends, and regulates on a grand scale.    Read More

As far as the Intrade pay-to-play prediction market is concerned, Senator Obama has enjoyed a considerable surge since Tuesday’s primaries. Take a look.    Read More

U.S. economist John Lipsky, who is the first deputy managing director of the IMF, is giving a speech today before the Council on Foreign Relations in New York that warns of the spread of global inflation.   Read More

Some notable quotes from last night's special primary politics edition of Kudlow & Company: Hillary's Mission Impossible This [Democratic] nomination – they will take it away from Hillary Clinton when they unwrap her cold, dead fingers from around it. She’s not going away.    Read More

The day after North Carolina and Indiana the Intrade pay-to-play betting odds in the race for president show Obama at 54 percent and McCain at 38 percent. But wait — it gets worse. The Democrats are favored to win the House and Senate by over 90 percent.    Read More

Hillary’s Wall Street bashing is a giant cheap shot and a big disappointment from the junior senator from New York. After all, Wall Street is the heart of the New York economy. It supplies an enormous volume of tax collections to finance city and state experiments in socialism and welfarism.   Read More

Today’s ISM report for non-manufacturing (services) unexpectedly shot up to 52 from 49.6 in March, and a 47.8 percent first-quarter average. (Readings above 50 percent signify growth.) Recession bears are running for cover on this one.    Read More

President George W. Bush may turn out to be the top economic forecaster in the country. About a month ago he told reporters, “We’re not in a recession, we’re in a slowdown.” At a White House news conference a few weeks later, despite the fact that reporters pressed him to use the “R” word, Mr. Bush refused.   Read More

Some notable quotes from last night's Kudlow & Company: Economic Resilience When you think about it, look at what we had to deal with in the first quarter. You had the credit market seizeup; you had Bear go out...   Read More

U.S. News & World Report's "Jimmy P" Pethokoukis and economist Jerry Bowyer - both regular contributors to Kudlow & Company - deliver two amusing takes on today's GDP number and the muddled response from the economic punditocracy.   Read More