Commerce Department Puts Tariffs on Chinese Solar Panels, But Loophole May Render That Irrelevant

By: Sunday October 14, 2012 8:35 am

The Commerce Department imposed slightly lower but still robust tariffs on Chinese solar panels, alleging that subsidies undercut US prices and violate international trade laws.

It Is Tough to Run on Weak Growth

By: Friday July 27, 2012 8:50 am

The economy has been in very poor shape the entire three and a half years President Obama has been in office and there is zero indication that it will get any better before November.

Commerce Department Slaps Large Tariff on Chinese Solar Panels

By: Friday May 18, 2012 6:45 am

Neoliberals and conservatives will get to trot out their favorite phrase, “trade war.” And to be sure, there’s a jobs vs. environment question to be asked about this latest move by the Obama Administration. But the Commerce Department has moved ahead with slapping high tariffs on Chinese solar panels.

White House Wants Authority to Reorganize Federal Government

By: Thursday February 16, 2012 10:45 am

President Obama has asked Congress to provide him with the authority to consolidate multiple federal agencies, the next step on a plan announced earlier in the year to reconstitute the Commerce Department and several other agencies as a trade and economic competitiveness department.

NYT Economist: Economy Gasping for Air, So Cut Off Air Supply Slowly

By: Sunday July 31, 2011 7:54 am

If you read the first two thirds of her article, you’d logically conclude that unless we can find a replacement for the rapidly fading federal stimulus, there isn’t anything on the horizon to raise GDP growth and boost employment.

Blognote in Honor of Thomas Friedman: Spending on the Commerce Department Is Going to Bankrupt the Country

By: Wednesday June 22, 2011 3:17 pm

The United States has to cut back spending on the Commerce Department or it will bankrupt the country. Okay, I have no evidence for this and it really doesn’t make any sense. The Commerce Department’s budget is about $10 billion a year, less than 0.3 percent of total spending, but this note is written in the spirit of Thomas Friedman.

Just as Thomas Friedman can tell readers that Social Security and Medicare are bankrupting the country with no evidence, in my blognote I get to blame the Commerce Department. The reality of course is that Social Security is fully funded by its own dedicated tax revenue through the year 2036, meaning the program on net imposes no burden on the government.

Did Bad Economic Data Again Lead Obama to Make Bad Decisions?

By: Friday February 25, 2011 2:50 pm

If Obama assumed the economy was growing steadily, he might have thought it could easily handle some immediate cuts that are basically just PR stunts to show how “serious” Obama is about the deficit. Given that the economy isn’t as strong, this, as well as previously sought immediate cuts, are going to be more damaging.

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