Free Republic

President Donald Trump made a promise at a reception last week for Republican lawmakers that was as impossible as it was specific: He would drive down drug prices by as much as 1,500 percent — “numbers that are not even thought to be achievable,” he said. A price cannot drop by more than 100 percent, but Trump went on to make several other precise but clearly false numerical claims. The cost of gasoline had fallen to $1.99 a gallon in five states, he said; according to AAA, it was over $3 in every state. Businesses had invested $16 trillion in...

Kimberly Hoover has been to most Michelin-star restaurants on the East and West coasts. She and her wife, multimillionaires from their real estate firms, own homes in or near New York City, Washington, Miami and Quebec…“At some point, it starts to feel wrong. It starts to feel excessive. It starts to feel somehow inappropriate. And at some point, it just doesn’t feel good…Imbalanced is really not good for anyone, even if you’re on the positive end of that imbalance, because it’s unsustainable.” …During the administrations of Ronald Reagan, George H.W. Bush, and George W. Bush, affluent Americans who benefited from...