Monday, August 26, 2002

Lagniappe - When the Bush Administration moves beyond a discussion of terrorism and taxes, there seems to be no coherence or backbone to its policy. With regard to steel production and steel imports, the Bush Administration this past March imposed some anti-free market, protectionist policies to appease domestic steel producers. Now, apparently, this same adminstration is backtracking heavily. While I must say that I think the new direction is more beneficial to the US economy in the long run, the inconsistency (and obvious pandering) that comes from such policy flip-flops makes the Bush Administration look undisciplined and unprincipled. Conservatives complain about Clinton's penchant for policy-driving public opinion polling, but it seems to me that Bush is no better.

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