Oil prices belie the industry's story of continued abundance in oil supplies.
Mitt Romney has derided President Obama for lacking the business experience he claimed as 'essential to his task.' That's a popular GOP message, but it's not true. America's best-rated presidents weren't businessmen, and those with the most business success rank among the worst.
Nazi Germany's economy was not a central planning success, it was a disaster. Is there a lesson for today?
Mitt Romney's running mate Paul Ryan deserves credit for trying to tackle the coming entitlement crisis. But whatever you can say about his plan for Social Security, you cannot ascribe it to Ayn Rand. Rand did not want to save Social Security; she wanted to end it.
Mitt Romney and Barack Obama are both banking on negative campaigning to get elected. But neither Mitt Romney nor the President are offering any new or bold ideas for rescuing the worst economy since the Great Depression.
The US jobs situation continues to worsen. If it doesn't get better by after Labor Day, Obama really needs to start worrying.