Are We Running Out of Oil?

Over the past 150 years, geologists and other scientists often have predicted that our oil reserves would run dry within a few years. When oil prices rise for an extended period, the news media fill with dire warnings that a crisis is upon us. Environmentalists argue that governments must develop new energy technologies that do not rely on fossil fuels. The facts contradict these harbingers of doom.

States Ask Uncle Sam to Spare a Dime

According to a report published this fall by the National Governor's Association, faced with declining revenue states have had to slash spending, leading to lost jobs and fewer government services. They argue that most states have exhausted budget cuts and must now receive help.

How Not to Be Poor

About 31 million Americans live in households with incomes below the poverty level, according to the latest U.S. Census data. Poverty is more than a lack of income. It is also the consequence of specific behaviors and decisions.

Should We Trade With Cuba?

The U.S. embargo on Cuba was instituted in 1961 to overthrow Fidel Castro and neutralize the threat his regime posed by blocking all trade, except in food and medicine.

Following the Reagan Rule

The Economic Club of Chicago may seem a strange place to unite Americans, but that is what President Bush did there on Tuesday with the jobs-and-growth program he proposed. Economic growth is a common priority that draws Americans together, for we all need the jobs it creates, the resources it provides employers to invest in new machines and technologies, and the larger investment returns that keep everything from our local charities to our kids' schools and the market economy prospering.