Wednesday, March 31, 2010

Quit trying to blame China for American decline

Quit trying to blame China for American decline: "

Here's an idea for how the U.S. can finally get a handle on its increasingly fraught relationship with China. Unlike other ideas gaining momentum -- such as pressuring China to revalue its currency upward, as insistently favored by New York Sen. Charles Schumer, New York Times columnist Paul Krugman, and others -- it doesn't involve threatening or cajoling the nascent Asian superpower into doing anything."

(Via Salon.)