The oil spill dominates the news and will continue to. We can’t vote it away. It is too late to prepare for it. I will join those who acknowledge the failures of BP AND Government here and push for policies that reduce the chances of future catastrophes. I would summarize that policy this way:
We are decades away, minimum, from an oil-free world and for national security reasons we cannot rely on unfriendly nations to supply us. We need to increase domestic drilling on-shore and off-shore while backing away from the deep water drilling that has caused this problem.
While this plays out we can’t afford to lose sight of the two key issues where we can have a direct immediate impact: the economy and foreign affairs.
For some economic perspective check out Art Laffer in the Wall Street Journal who notes that coming tax policy can sink us into a “double dip” recession in 2011. LINK
Arthur Brooks draws interesting comparisons to Greece here: LINK
Note: Arthur Brooks will be in Chicago in two weeks for a speech and book signing. Those interested in attending a great event should contact me directly. If you do not have my email please access the “leave a comment” feature directly below.
Fred Barnes has great insight into the ways of Washington but he falls into a familiar trap here. Those expecting Obama to “pivot to the right” or any of the many maneuvers of Bill Clinton are not getting it. Obama is not Bill Clinton. Clinton liked playing politics and understood the dynamics of compromise and how it could preserve power. Obama views all of that as just part of the problem. He does not like America or its political structure. He wants to “change” it. Read Fred here: LINK
Blogger “Neoneocon” has some comments on the pivot here: LINK