When President George W. Bush considered imposing a steep tariff on imported steel in 2002, the chairman of his Council of Economic Advisers, Glenn Hubbard, told him it was a bad idea. Hubbard pointed to the near-consensus among economists that tariffs cost jobs rather than create them. He laid out the math showing the move would result in higher prices for consumers.

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  • LARRY KUDLOW: Biden's plan to fix the economy is to spend more, tax more and regulate more
    Joe Biden's economy has gone from bad to worse. It's not just high inflation and falling worker wages. Now, we've got higher inflation and lower growth. And that will drive wages down as well. It's ...
    04/25/2024 - 11:36 am | View Link
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