Wall Street Journal Opinion

Wall Street Journal Opinion Opinion & Commentary from The Wall Street Journal.

We speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations." So over the past century and into the next, the Journal stands for free trade and sound money; against confiscatory taxation and the ukases of kings and other collectivists; and for individual autonomy against dictators, bullies and even the tempers of momentary majorities.

President Trump has heard that home builders are struggling amid his tariff blitz, immigration crackdown and weak sales....
10/12/2025

President Trump has heard that home builders are struggling amid his tariff blitz, immigration crackdown and weak sales. His solution? Get government-sponsored enterprises Fannie Mae and Freddie Mac to subsidize them. Here we go again.

Trump and Pulte now want the government mortgage giants to subsidize home builders.

A mythology has spread in the MAGA world in recent months that the critics of President Trump’s tariffs were wrong. Tell...
10/12/2025

A mythology has spread in the MAGA world in recent months that the critics of President Trump’s tariffs were wrong. Tell that to the investors whipsawed on Friday by the end of the U.S.-China trade truce.

Beijing plays its rare-earth minerals card, Trump responds with a new tariff threat, and markets take a header.

Republicans are talking like they’re prepared to surrender to Democrats on extending the pandemic-era ObamaCare subsidie...
10/12/2025

Republicans are talking like they’re prepared to surrender to Democrats on extending the pandemic-era ObamaCare subsidies once the government reopens. They might want to check out Wednesday’s CBO report.

Interest on the national debt is now $1.03 trillion, and climbing.

Both parties should conclude that the lawfare of recent years has been a historic mistake, and that nobody benefits from...
10/12/2025

Both parties should conclude that the lawfare of recent years has been a historic mistake, and that nobody benefits from becoming a banana republic. Mutual assured legal destruction is no way to run a great nation.

The New York Attorney General sued him for fraud. Now the President’s Justice Department indicts her for fraud. This is madness.

Trump is right that American cities aren’t nearly as safe as they were before “systemic racism” became a familiar accusa...
10/11/2025

Trump is right that American cities aren’t nearly as safe as they were before “systemic racism” became a familiar accusation and “defund the police” became a rallying cry, writes Jeffrey H. Anderson

A national victimization survey confirms Trump’s claim that U.S. cities have grown more dangerous.

European leaders until recently thought their most important task was to ignore voters who keep electing insurgent parti...
10/11/2025

European leaders until recently thought their most important task was to ignore voters who keep electing insurgent parties and candidates. Maybe they’re starting to listen to voters instead.

Lo and behold, elections have consequences—even in Brussels.

Gov. Gavin Newsom is sprinting to the left so fast as he prepares for a 2028 presidential bid that he’s outflanking his ...
10/11/2025

Gov. Gavin Newsom is sprinting to the left so fast as he prepares for a 2028 presidential bid that he’s outflanking his Democratic Legislature and the liberals trying to save San Francisco.

Liberals want to clean up the city’s streets, but the Governor won’t help.

For the good of the country, we need an election that doesn’t divide us further, inciting the worst among us to violence...
10/11/2025

For the good of the country, we need an election that doesn’t divide us further, inciting the worst among us to violence, the best to sad indifference, writes Joseph Epstein

A thoughtful, scandal-free contest between John Thune and Josh Shapiro.

Allies of President Trump are grousing that he didn’t win this year’s Nobel Peace Prize. But it’s hard to fault the admi...
10/11/2025

Allies of President Trump are grousing that he didn’t win this year’s Nobel Peace Prize. But it’s hard to fault the admirable choice of Venezuelan freedom fighter María Corina Machado.

María Corina Machado has been fighting for democracy for decades.

How much social and public-health damage will Americans suffer before doing a U-turn on ma*****na? A study finds that mo...
10/11/2025

How much social and public-health damage will Americans suffer before doing a U-turn on ma*****na? A study finds that more than 40% of drivers who died in car accidents in one U.S. county over the last six years had elevated levels of the drug in their blood.

High-on-pot drivers are contributing to more highway accident deaths.

The Constitution’s Appointments Clause requires rule-makers to be politically appointed. That enables Americans to hold ...
10/11/2025

The Constitution’s Appointments Clause requires rule-makers to be politically appointed. That enables Americans to hold the president accountable when regulators overstep, writes Michael P**n

An arbitrary decree from a low-level NOAA employee leads to a constitutional challenge in federal court.

Letitia James’s case was destructive lawfare. So is Trump’s. The question is how to get the spiral to stop before we all...
10/11/2025

Letitia James’s case was destructive lawfare. So is Trump’s. The question is how to get the spiral to stop before we all go down the drain.

The New York Attorney General sued him for fraud. Now the President’s Justice Department indicts her for fraud. This is madness.

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