Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
Thomas SowellWhen you start off by telling those who disagree with you that they are not merely in error but in sin, how much of a dialogue do you expect?
Thomas SowellHelping those who have been struck by unforeseeable misfortunes is fundamentally different from making dependency a way of life.
Thomas SowellHowever little president Obama knows or cares about economics, he knows a lot about politics - and especially political rhetoric. 'High-speed rail' is simply another set of loft words to justify continued expansion of government spending. So are words like 'investment in education' or 'investment' in any number of other things, which serves the same political purpose.
Thomas Sowell