Thursday, September 21, 2006

Somebody tell Schumer that’s how it’s done:

Yesterday the U.S., led by Treasury Secretary Hank Paulson, announced a new “strategic economic dialogue” with China. The initiative will help address many of the economic issues that often see the two nations at odds with each other.

Paulson’s trip to China is being viewed as a huge success and should lead to stronger economic ties where both sides can see eye to eye and benefit. This is the opposite of the Schumer trip to China, which didn’t accomplish anything but greater concern from the Chinese thanks to Schumer’s continued insistence on implementing his potentially disastrous tariff bill.

It really shouldn’t be a surprise that a former Goldman Sachs head that understands the “invisible hand of capitalism” would have success versus Schumer who still hasn’t completely figured out the law of supply and demand.

Links to this post:

Create a Link

<< Home