It's the economy, stupid.

Irwin Stelzer asks why the economic numbers all seem headed in the wrong direction. He talks to some investment bankers and business people and comes up with the right answer...uncertainty. The people holding onto enormous amounts of cash and hesitating to invest it are spooked by the uncertainty surrounding the Dodd-Frank finance reform law and the Obamacare medical insurance reform law. They just don't know how the new rules and regulations will impact the cost of doing business. Not knowing means not investing. There is, of course, a simple solution. Elect a Republican President with a Republican Congress to repeal these laws, cut taxes and cut spending. Then the wealthy, who are the only people with the wherewithal to create new jobs, will start investing that cash.

Mark Steyn writes about Obama's road to nowhere.

Daniel Henninger writes about Obama's worst week and Pawlenty's best.

Rich Lowry writes about the cancer of long-term unemployment.

Ron Paul tells a crowd in Manchester, NH that inflation will hit 50 percent within a few years.