November 16, 2003

George Will on steel tarriffs and Bush's Trade War. Quotable:

Thirteen months after winning an excruciatingly close election, Bush proved himself less principled than Bill Clinton regarding the free-trade principles that have fueled world prosperity since 1945 ...

Since then various studies, not all of them disinterested, have reached the same conclusion: By raising the cost of goods manufactured from steel, the tariffs have cost more jobs than they have saved. Duh.

Posted by Greg Ransom | TrackBack