[star]The American Mind[star]

August 28, 2003

Learning from Their Mistakes?

This is a sign that the Bush team is beginning to understand that good economics is good politics:

Treasury Secretary John W. Snow, Commerce Secretary Don Evans and other economic advisors want President Bush to roll back tariffs he imposed on $3 billion in steel imports, people familiar with the matter said.

Bush's economic team will argue that the tariffs ended up hurting U.S. manufacturers such as Caterpillar Inc. more than they helped steelmakers such as U.S. Steel Corp., said administration officials and outside advisors who requested anonymity.

Now, our pocketbooks can only hope they realize that controling government spending would not only tone down the huge budget deficit projections, but would take away an issue from the Democrats.

"Bush Team Is Said to Seek Lower Steel Tariffs"

Posted by Sean Hackbarth in Economics at 01:58 PM | Comments (1)