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Monday, October 18, 2010

Re Sherrod Brown For Our China Trade Emergency, Dial Section 301 Editorial NYT

Been there. Seen all this before. Section 301 didn't work then, won't work now.

Brown makes the ridiculous statement that only 10 years ago, the Senate sold out American manufacturing. The US government has catered to and manipulated an industrial economy eager to outsource, offshore, and otherwise eliminate domestic manufacturing for 5 decades now, not just 10 years; initially as part of an explicit Cold War Strategy, but latterly just to make short term profit without regard for the common welfare. See other posts on this site: Trading American Interests, Trading Places, Japan Who Governs, etc.

Like using a pop gun on a herd of elephants.

What we long needed, before 1930 really, was a more centralized, and plan rational autarkic industrial and developmental policy for Americans.

We never got that, mainly because our moribund political structures and centrifugal social system will not support them, except perhaps in times of large scale military conflict,

and these upstarts will now take over the world, shortly.

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