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Analysis, commentary, and observations on US public policy.

Big Problems Require Big Consensus

“Presidents come and go; Exxon doesn’t come and go.”

That was Lee Raymond, the longtime CEO of ExxonMobil. Many years ago, he told me that the company didn’t concern itself much with the Washington cycle, which ran two to four years. The wells they were drilling that day would still be pumping 50 years from now. They thought in half-centuries, not election cycles.


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