Brad Delong has “A Question for Jeff Faux”:
Is there a way to interpret Jeff[‘s argument] other than as a call to keep China a society of poor subsistence rice farmers as long as possible–keep them poor, barefoot, uneducated, and by no means allow them to work at any of the high-value manufacturing occupations we want to keep in the United States?
Update: Jeff Faux responds:
Let me ask Brad: Why is it that it is the responsibility of $40,000 year American working families to sacrifice their future in order to raise up the living standards of poor Chinese, when commissars turned capitalists ride around Shanghai in a different Rolls every day?
