From my most recent NRO article, on oil markets and fiscal policy: “The real problem is that in their profligacy and cowardice, our leaders are afraid to cut expenses and have become addicted to bloated taxes on petroleum products. This prevents them from giving full advantage to consumers as these prices are reduced. They shriek like violated banshees as oil prices rise, and in the same stentorian and acoustically irritating volume when they come down.”

Whether you agree or disagree, your comments are, as always, most welcome.