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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Steve Lokness who wrote (10565)3/21/2004 12:11:16 PM
From: Art Bechhoefer  Read Replies (1) of 110194
 
Steve, the steel tariffs were imposed in an effort by the administration to attract more voter support in West Virginia, Pennsylvania, and Ohio, all of which are crticial to winning reelection this year. Of course, imposing a political decision where a rational economic one would be better in the long run amounts to business as usual.

Art
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