Archive for April 20th, 2012

April 20, 2012

Reigning in the Speculators

Speculators have entered the conversation once more with President Obama’s proposal to police their manipulation of oil markets. Almost immediately his Republican opponents lambasted the effort as nothing more than a political ploy. Industry leaders stepped forward to warn consumers, with stricter regulations prices will rise. Who holds the reigns of truth here? Or does this all too familiar debate reinforce the need for a new approach?

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April 20, 2012

The Daily Scoop: The Economy & the Election: How Bad for Obama?

The headline on the lead  story in Thursday’s Times reads: “In Wariness on Economy, Poll  Finds Opening for Romney.” Citing the findings from a Times/CBS News  opinion survey carried out earlier this week, the article went on to say that a  lingering concern among Americans “about their own financial circumstances is  allowing Mitt Romney to persuade voters that he could improve their economic  prospects more than President Obama.”

On the face of it, this is highly encouraging news for the presumptive G.O.P.  nominee. In our straitened times, it is a rarely challenged truism that economic  concerns dominate elections. Now that we are well into the third year of a  recovery, however weak, from a deep recession, the incumbent should be getting  some credit. 

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