He called for an end to subsidies for oil companies and set a goal of reducing dependence on polluting fuels over the next quarter-century, but without any mechanism to enforce it. And in a speech largely devoted to economic issues, he talked only generally about the conflicts in Iraq and Afghanistan.

If you ask me, that’s the lede right there.


Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu.