Don't Look Now, But The U.S. Ship Is Sinking

Some readers may be amazed to hear me acknowledge that supply-side has a downside after all. It appears poised to reelect the Clintons despite the prediction of Jerome M. Zeifman, a Democrat who was chief counsel of the House Judiciary Committee's Watergate impeachment investigation of President Richard Nixon, that "there is now probable cause to consider our President and First Lady as felons who are likely to be indicted after the Nov. 5 election." An Arkansas barnful of Whitewater scandals and related abuses of power have proved to be paltry stuff compared to a healthy economy.

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