The “industry that has done much to keep the national economy afloat” is in trouble. There have been some 74,000 layoffs in the U.S. oil patch since November.
It’s a tragedy if a patient suffers a stroke when there’s valid reason for the surgery. But if it happens when surgery is unjustified, it’s a catastrophe impossible to measure.
President Obama, leaders in the European Union, it is time to go back to the ethic that underpins our civilization, defend democracies world-wide, and reclaim western values before it is too late.
Proposed budget represents a serious effort to enact reforms that are long overdue. These and other measures are needed to encourage economic growth, the heart's blood of the nation
Even if the risks for the oil economies in the Gulf are not dramatic in the short term, the dependence on oil profits poses a real challenge to the stability of the monarchial regimes in the Gulf in the long term.
Western civilization can not afford the public's doubt about the veracity of science or statistics. It can not afford professionals who ferment such doubts in the name of "correct ideology"