by Henry Oliner | Mar 18, 2018 | Economics
by Henry Oliner Trump’s trade tariffs have restored memories of the Smoot Hawley Tariffs. Smoot Hawley was passed in 1929. It severely damaged our economy on three related levels. By raising the prices on Swiss watches and blankets among hundreds of other products,...
by Henry Oliner | Oct 2, 2015 | Economics
Steel prices are the lowest they have been in 15 years. In China it is cheaper than cabbage. Stainless and aluminum are also very low. Oil is also bouncing around new lows. A sharp drop in industrial commodities has some forecasting relevance. If it is confirmed by...
by Henry Oliner | May 16, 2014 | Economics
From The Wall Street Journal, U.S. Steel Imports Spark Wave of Trade Complaints by John Miller Excerpt: American steelmakers filed 38 trade cases last year, the highest number since 2001, when the industry won White House backing for higher tariffs and penalties on...
by Henry Oliner | Feb 24, 2011 | Economics
One of the early signs of the pending economic collapse in 2007 and 2008 was a sharp drop in truck rental rates. As a result of the severe economic downturn the domestic truck fleet shrunk about 9%. New trucking regulations reduced the number of hours the drivers are...
by Henry Oliner | Oct 2, 2009 | Anti Semitism, Business, Economy
There are a few indisputable changes in our economy. Credit is tightening. Generally this is good because lending standards, whether to individuals to buy homes, or to real estate developers or other businesses, were way too lax. Marginal businesses will have much...
