Welcome to a shiny New Bear Year! admin | January 1, 2010 2:00 am Tags: Happy New Bears Comments (11) | Digg Facebook Twitter |
Paul Drugman meets an immovable object. Krugman will lose.
“The bottom line is that Chinese mercantilism is a growing problem, and the victims of that mercantilism have little to lose from a trade confrontation. So I’d urge China’s government to reconsider its stubbornness. Otherwise, the very mild protectionism it’s currently complaining about will be the start of something much bigger.”
Even reality based US liberals have difficulty adjusting to a world in which the US can’t dictate to everybody else. China is beyond US dictation. Just as is the Taliban and the Muslim world in general. Things, they are a-changin’.
Great Day in the Morning. From this day onward for a year the super rich can die or commit suicide happy in the knowledge that their estates will pass to their heirs free of federal tax. It will be interesting to see if the suicide rate or death rate of the very rich rises this year. How self-sacrifising are they? Shrub, blessed by Thy Name. LOL
Lest we forget our real nature:
Or how about this?
China’s mercantilism is a growing problem for the EU and Asia as well. The sheer scale of the way production is handled and domestic consumption remaining lower, plus the amount of migrant labor and shift from rural to city and exurbs, makes for difficult policy choices and stability internally.
The US is indeed used to getting its way. The Chinese are no less arrogant in coming back to their own destiny.
What should a policy be for trade? What would benefit us without being arrogant? Accepting a lower “standard” of living is fine with me in a very philisophical way, in that a China with an actualized consumption pattern of the US is a frightening thought.
But in the short term are steel tariffs okay if there is dumping by China due to its at least shorterm overcapacity? The EU and parts of Asia have imposed tariffs as well. Are WTO rules adequate for protecting people against the predation of massive shifts in capital subsidized by government no matter the country? Should that be a function for someone?
Times are achangin, but what is your role in response?
Yes, and one who knows it well is Linda Beale on the role of estate taxes.
There are others. If you view the pictures of the wedding you can see a picture of a young bride in the throes of shock. Of course you cannot tell about TY, but the descriptions of his surgery are beyond the pale so to to speak. The pressure to get married before working on the changes came from where??
The two divorced January 2008. There are a lot of soldiers with less visible wounds, including early National Guard veterans (the first two years especially) no one follows.
This one caught my eye. Telling for AB in that we have a lot of regulars who are veterans, and who have very different views on the current decade (and earlier), and who at the time of some of our debates were also attending several funerals a year for servicemen.
Of course, the propaganda machine for political gains churns on for interpretations of what we are doing and why. 100,000 troops in Afghanistan plus the undescribed need for over that number of contractors.
I also wanted to link to, but feared overkill, the VFair photo, a marvelous metaphoric photo, of the airplane with the row of windows from which blase passengers are looking out unconcerned, while beneath them coffins of dead US young soliders are being surreptitiously loaded into the cargo hold. It’s all there: the average American’s “who cares” attitude toward the misery of war, and the sneeky attempt to keep any unpleasant evidence of it from the public so the warmongers could keep at it without protest.
Back to work in the New Year.