Gruss Gott wrote: > Professional money managers, economists, etc have been calling Mr. > Bush's fiscal policies "unintelligible" or "mystifying" for most of > his term and especially after Sec O'Neil was fired. On the whole I > agree with that assessment.
One of the most mystifying decision was the steel tariffs. Sec O'Neil, a former big dog at Alcoa who is without a doubt one of the most informed person in that field, flat out told Bush that the tariffs on international steel is a clear violation of world trade agreement and detrimental to US steel companies. What is further mystifying is that if it was a political play to try to win votes from Penn then it didn't work. And no economist thought it would work because the tariffs wouldn't necessarily save the jobs of the steel workers. I can't remember correctly, but I think the tariffs were for Ohio too. If that is the case then the move makes a little more sense. -- 2004 - The year $184M couldn't buy a pennant. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Special thanks to the CF Community Suite Gold Sponsor - CFHosting.net http://www.cfhosting.net Message: http://www.houseoffusion.com/lists.cfm/link=i:5:135427 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
