Obama Backtracks on Bungled Mexico Policy

    President Bush’s critics often accused him of alienating key U.S. allies. Frequently that case was overstated, as the Bush Administration forged stronger bilateral ties with many strategically important allies, and as the Administration’s foreign critics were often engaged in faux outrage for domestic political purposes over purely symbolic issues. That said, at least when the Bush Administration set out to do something our allies didn’t | Read More »

    Cap And Don’t Trade: Obama May Set Off Trade War With Climate Policy

    As anyone who followed the Kyoto Protocols back in the 1990s can tell you, even if you believe that government action to stem carbon emissions would be desirable, Kyoto wasn’t a genuine effort to get a worldwide agreement on limiting emissions: it exempted seven of the world’s eight most populous nations (the U.S. being the lone exception) from its provisions, including rapidly growing economies like | Read More »