At the 2015 Paris Climate Conference (COP21), President Obama plans to sign another bad deal for America.
President Putin’s decision to deploy aircraft in Syria and bomb opponents of President Assad may be “a recipe for disaster” as President Obama asserts, but it neatly exploits U.S. and western European vulnerabilities in the region. It also gives Russia leverage to undermine NATO and destabilize the oil-rich Middle East.
The Labor Department reported the economy added a disappointing 173,000 jobs in August. The unemployment rate fell to 5.1 percent largely because fewer Americans sought work.
The Labor Department reported the economy added 215,000 jobs in July. That’s well below the 260,000 monthly additions posted in 2014, and new employment opportunities and wage gains will continue depressed for the balance of this year and next.
Greece and its principal creditors—the European Union, European Central Bank and International Monetary Fund—should acknowledge that Athens will never be able to repay the €131 billion it owes, write down its debt and let the Aegean nation exit the euro gracefully.
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