Buy American!
Boycott Japanese cars, Products, Goods, and Capitals!
BIG3 must mean General Motors, Ford, and Chrysler!
Remember Pearl Harbor!

Very sincerely yours,

Here are the facts.

1. The current Chinese economy is following a typical economic develepmental process. We never claimed that the South Koreans have a “hidden agenda”.

2. The Chinese realize that they will never catch up to the United States militarily and that their objectives cannot be met militarily. For example, any military attack on Formosa would be destroyed in minutes by superior US air and sea power.

3. The only way that the Chinese and other nations can catch up to the United States economically and militarily is to expand freedom in their country to what exists in the United States.

4. China has such significant internal infrastructure problems that they will never be able to spend adequate resources in foreign policy endeavors to become other than a regional power.

While I agree with you on many things, I believe the Chinese have a longer-term agenda of which the present trade dynamics [subsidizing us] are just one aspect… a cost which the Chinese government is willing to bear.

With regard to subsidizing us, one can also interpret the actions of a cattle rancher as subsidizing his cattle. I perceive a longer-term, and much different agenda.

http://hallofrecord.blogspot.com/2007/09/why-china-subsidizes-us.html

http://hallofrecord.blogspot.com/2007/10/china-replacing-us.html

Or… we can presume the Chinese government is merely stupid.

You gotta love journalists. Not only can they ignore economics (or any other reality), they can spout internally contradicting positions without even blinking.

Besides, the Chicoms aren’t really going to change what they are doing, although W may believe they will.

I think they are at a crossroads. If business continues to develop between our countries, they will lose any appetite for war. War would disrupt their business.

But at they moment, they are a murderous dictatorship. Dictatorships always regard free countries as a threat, because our very existence gives their people a vision of what they could replace their overlords with.

THese subsidies help consumers consume more of the subsidized good than they would in a free market. This is good for consumers of those products but is similar to the government picking winners and losers that both you and I oppose.

The proper policy is exactly what the Bush Administration is pursuing. Trade inproves welfare. So, to increase trade lets eliminate trade barriers and other manipulations, including Chinese currency manipulations, that hinder a free market flow of goods and capital across the globe.

And Wally World will continue to employ many folks at a non living wage without benefits of any kind.