GLOBALIZE THIS!
Friday, December 05, 2003
 
A Little Too Close to Home:

As if I needed more reason to dislike Joe Lieberman (D-CT), here's what he had to say today:

"I like doughnuts. I like sweets. I like candy. I'm not saying if you eat a jelly doughnut or have a high-sugar bottle of soda, you're going to get sick, but if you have too many it's going to affect your health."

Look, it's pretty clear that the political economy of our global food production system is founded upon hyper consumption of fats and simple corn and potato starches for some people, starvation for others. Fat is a public health issue with political origins. We can debate the wisdom of US agricultural policy that shamelessly subsidizes overproduction and the dumping of surplus capacity on world markets (and into big fat American tummies), but let's not scapegoat the donuts. They're delicious.

This should make Decision 2004 that much simpler for Democrats in New Hampshire and Iowa:

vs.

Two words: No Contest.
 
Thursday, December 04, 2003
 
A PUBLIC SERVICE ANNOUNCEMENT FROM GLOBALIZE THIS!



Don't forget to get your flu shots!
 
 
Bush Dsicovers Miracle Cure for U.S. Steel

Let me be the first liberal instapundit to say that the steel tariffs erected by President Bush in March 2002 were the wrong solution to a very serious long-term economic and national security problem. The tariffs were a cynical political ploy to curry favor in key states for the 2002 mid-term elections (PA, WV, OH, IL, MO, IN, et. al.), and in no way resembled a legitimate solution to the problem at hand. **This is what inside the beltway political analysts who have never even heard of a blast furnace derisively refer to as the Nascar vote.**

The decision by President Bush to nix those tariffs less than two years later signals that they have served their purpose. Did the tarrifs "allow American steel makers to get themselves in shape to survive against intense global competition"? Well, let's see:

1. Employment in the US steel industry has fallen more than 20% since its peak five years ago...more than 7% since the tariffs went into effect.

2. Scores of US steel companies are in the midst of bankruptcies, suffering from a global glut in the supply of steel.

3. Foreign steel producers still benefit from government industrial policies that promote overinvestment in steel productive capacity and beggar-thy-neighbor trade competition.

That's curious. If you actually look at the situation in the steel industry, it might seem that the steel industry is actually in worse shape now than it was before the tarrifs. So either the steel tariffs are an example of really ineffective policy choices by the Bush administration, or they were intended only to court a politically important constituency. Maybe that's why Bush announced the tariffs in a very public display, but has opted to ax the tariffs behind the scenes, sending his commerce envoy (and oil crony), Donald Evans, to do his unpleasant biddings.

The only real viable solution (other than letting the US steel industry go down the tubes which is politically unfeasible and would do unthinkable dammage to US national economic and security interests) lies well beyond the reach of the Bush administration's capabilities--the steel crisis, like all global challenges, demands multilateral cooperation.
 
Wednesday, December 03, 2003
 
Court Finds Rwanda Media Executives Guilty of Genocide:

"'The power of the media to create and destroy human values comes with great responsibility,' the court said in a 29-page summary of its judgment. 'Those who control the media are accountable for its consequences.'"

Let this be a lesson to Fox News, Clear Channel, Al-Jazeera, et. al. who choose to employ the Promethean gift of mass communications to foment war.
 
 
Good news for environmentalists 'Cause only when it affects the playground of the world's elite, Davos, Switzerland, will anything get done on global warming.
 
Monday, December 01, 2003
 
Sounds like a bout of amnesia has struck a Weekly Imperialist, er... I mean, Weekly Standard journalist.
 
Unconventional wisdom on global political economy.

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