Today marked an interesting day in the Oil Economy. First, Oil hit an all time intra-day high of $56.60. Second, the US Senate rejected, by the slimmest of margins (51-49), a motion to halt the approval of development of the oil rich ANWR area of Alaska. Proponents of developing ANWR love to say that it …
Tag Archives: Economy
Macleans on fragile US Economy
Macleans is running an article about the current unsustainable fiscal policy in the US. I originally saw this on Bound By Gravity. He’s asking for some comment from any economists or others with a different point of view. Please go visit if you’d like to comment. Udpated 2 times You may look at that headline …
Bush in Europe: Redux
I was asked to give my opinion of Mr. Bushs’ visit to Europe. There were several times during Bushs’ tour when I considered posting something… but each time I took a step back and thought, “Has anything changed”? And every time the answer was the same…. no. There was so much talk about how Bush …