Tuesday, July 25, 2017
The Venezuelan founder of OPEC once described oil as ‘the devil’s excrement.’ The Norwegian example, however, shows that, properly managed, oil and gas resources can be a blessing.
Make no mistake, this is an austerity budget— spending cuts outpace new measures seven to one—that worsens income and intergenerational inequality, destroys jobs and locks in a slow growth, high unemployment future.
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