I tried to post this as a comment on Emerson Lynn’s column about Burton, and got the message “We cannot accept this” when I tried to post it!
The cornerstone of free market theory is that “When no one has market power, free markets are the most efficient way to allocate goods and services.”
China has never been free market! A Chinese elite manipulates any market they have access to, for Chinese gain! That’s been obvious for over half a century. For instance, the Chinese government has manipulated the world market for rare earth metals critical in electronics, and in electrical generation, so that China controls 90% of supply. Now, they banned export of those metals, to force manufacturing away from the USA, to China.
That’s not free market!!!!!! You bait and switch to defraud your own country!
The real problem is that you, Bush & Co. have 5 years less math education on average than do Chinese in comparable positions, and so you don’t even understand the game! The Chinese elite has used you help them manipulate currency, commodities and working conditions to their advantage, leaving America deep in debt to China!
Your “free market” PR sounds great until I remember the photo ops Bush kindly put on whitehouse.gov, which can be summed up “house servant to a foreign king.”
When I stop to think that this doesn’t follow Republican or Democratic principles, that leads me to the realization that Bush never believed in free market principles either, and that you “free market” people knew it all along.
Next realization is that you have adopted the same relationship to China that Bush has had with the family Saud! You offer yourselves as house servants to foreigners, while we become the field slaves!
You have no wealth building skills to offer! You can only imitate your Chinese masters and demand that we pollute more, earn less, and give up our security!!!!!!
So with your help, we are gaining the lead in the race to the bottom, nosing ahead of China, and miles ahead of Austria.
Meanwhile, Austria concentrates on keeping Austrians educated, healthy, well rested, employed and prosperous, and doesn’t hesitate to offer companies incentives to keep people working.