A study hailed as clearing the reputation of the oil-extraction method known as fracking has ended up muddying the reputation of the scientist who oversaw it, and thrown a shadow on optimistic forecasts about the nation’s energy prospects.
The debate over the approaching “fiscal cliff,” the overworked term for the drastic belt-tightening imposed by the federal Budget Control Act of 2011, has misleadingly centered on raising taxes on the wealthiest 2 percent of wage-earners.
When government invests in a company that goes bankrupt, critics haul out the predictable indictment: Politicians don’t understand business, and shouldn’t try to pick winners and losers in the competition that is capitalism.
The return of the man former President Bill Clinton nicknamed “old moderate Mitt” to this week’s foreign policy debate reflects the climate of public opinion and the realities of a $16 trillion debt load as much as it demonstrates Mitt Romney’s presidential ambitions.
As they prepared for Tuesday night’s presidential debate, President Obama and former Massachusetts Gov. Mitt Romney no doubt have had an image seared onto their brains, and perhaps onto their note cards: The scowling American middle class is sitting there, restlessly watching, drumming fingers on the table, waiting to hear the next class-saving promise.