by jpitney | Feb 17, 2025 | 2776, California Politics, Congress, Declaration of Independence, Disabilities, Dreier, Emergency, Environment, Race, Redistricting, Trade, Transparency, Vaccine
Jenny Jarvie and Grace Toohey at LAT: What went wrong with L.A. county’s warnings and evacuations is now the subject of two different investigations after Times reporting found that emergency wireless alerts went out to west Altadena almost five hours after fire began...
by jpitney | Feb 12, 2025 | Economic Policy, Trade
Jeff Luse at Reason: The U.S. is the second-largest steel importer in the world, according to the International Trade Administration. In 2023, the U.S. imported 25.6 million metric tons of steel and exported a little more than 8.2 million metric tons. About half of...
by jpitney | Feb 3, 2025 | Economic Policy, Trade
Lindsay Wise at WSJ: The precise impact will depend on how long the tariffs stay in place and if other countries retaliate. The Tax Policy Center, a think tank, estimates the average household’s after-tax income will fall 1%, or $930, in 2026 because of the...
by jpitney | Feb 2, 2025 | Economic Policy, Trade
Wall Street Journal: The U.S. doesn’t produce enough lumber to meet domestic demand and thus imports about a third of the softwood used in home construction, mostly from Canada. Environmental policies restrict logging on public land in the American Northwest. Timber...
by jpitney | Feb 1, 2025 | Bipartisanship, Economic Policy, Photojournalism, Trade, Uncategorized
Phil Gramm and Larry Summers: In an extraordinary act of unity, 1,028 American professional economists in the spring of 1930 signed a letter urging Congress to reject and President Herbert Hoover to veto the Smoot-Hawley Tariff Act. Yet that June, Congress passed it...
by jpitney | Jan 30, 2025 | Trade
Scott Lincicome at Cato: As I wrote late last year, the US automotive industry is a great example of the complexities of 21st-century manufacturing and the benefits of globalization: [I]t’s widely acknowledged by automotive industry experts that freer trade and...