Tag: "Economics"
It’s Only Going to Get Sillier
Matt Welch asks, “Am I the only one who feels like we’re in for a long silly season of economic journalism?” Oh, no. We’ve already been in that silly season and it’s only going to get sillier the closer we get to November. Do read his post, which in just a few short paragraphs dismantles [...]
Oil Prices Go the Way of Congress’ Approval Ratings.
On July 11, oil prices were over $147 a barrel, the highest they had ever been. Politicians and pundits were saying that we were heading toward even higher prices as demand from China and India ramped up. On July 14, President Bush rescinded an Executive Order that kept us from drilling for the billions of [...]
Gosh. It Turns Out that Economics Works!
I’ve said it before and I’ll say it again. Basic economics isn’t hard to understand. In a dramatic move yesterday President Bush removed the executive-branch moratorium on offshore drilling. Today, at a news conference, Bush repeated his new position, and slammed the Democratic Congress for not removing the congressional moratorium on the Outer Continental Shelf [...]
That’s What You Said