By Ethan Bilby
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
The Great Debate
Just days before the most recent Syrian peace talks in Geneva began, a report detailing “industrial-scale” killing in President Bashar al-Assad’s prisons revealed the nature of his government. Despite this setback, the regime continues to claim that it is only fighting terrorists.
In Latin America, this looks to be the year of Brazil — thanks to the impending World Cup and presidential elections. But with another lackluster year looming in emerging markets, fans of transformation, growth and investment potential should instead look to Mexico.
President Barack Obama has made middle-class jobs and natural gas two of his top second-term policy objectives. Both could be undermined if his Department of Energy (DOE) continues to approve gas industry applications for exporting American gas.
The Internal Revenue Service created a bit of a kerfuffle last week when it announced that it would no longer publish data on interstate taxpayer migration and the income they take with them. This would be a huge disservice not just to economists and policy analysts but to all Americans.
It can be hard to find areas of agreement between the presidential candidates on economic or domestic policy. Tuesday night’s debate, though, revealed one exception: energy policy. Alas, what it also revealed is that both President Obama and Governor Romney are making their policies based on a false premise, and they are pandering to Americans’ ignorance instead of telling them the truth.
The Republican and Democratic National Conventions mark the beginning of the end for the 2012 presidential campaign and – one hopes – the end of a regrettable chapter in American politics: a time when supporting real economic growth by encouraging American entrepreneurs became less important than throwing political punches.