Obama Risks Global Trade War With Misguided Tariffs

"To date, Obama is repeating the same mistakes Roosevelt and Hoover made during the Great Depression. Cash-For-Clunkers was a horrid policy decision that led to the destruction of productive assets much the same as Roosevelt's policy of illegally burning crops hoping to force up prices. See Government Bailouts and the Stock Market - The Seen and the Unseen for more details."