A Little More Today than Yesterday! Trading Stuff.
What Can Obama Really Hope to Accomplish on His Upcoming China Trip?
Jim Delaney submits:
If you had committed to spend 7BN of your constituents hard-earned tax dollars under the premise of getting the economy back on its feet and had woven tales of fancy to justify your actions, it would seem a pretty good time to skip town when the official number of unemployed ratchets north of 10%, lest people begin to wonder if you really have a handle on the problem, especially when two major off-year elections were just won by candidates from across the aisle.
The problem is that when our President travels to China he’s not going to get the warmest reception as a number of trade disputes – tires, nylon, steel pipe, pigs and industrial acid – have raised tensions between the two nations just when a “We’re all in this together so let’s help each other get out of it” mindset might be a bit more helpful.
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