Sunday, August 21, 2022

Trade Policy: 'America? Who Cares???'

Tonelson finds another reason that D.C. needs a very significant housecleaning.

The biggest reason to be appalled by The Wall Street Journal‘s excellent report yesterday on America’s efforts to control exports of high tech goods and knowhow to China wasn’t the raw data it contained – which showed that the U.S. government almost never rejects requests by business to sell high tech goods and knowhow to China.

No – as disturbing and scary as these findings are, the biggest reason to be appalled by the article is how clearly it reveals that, after decades of dealing with China, and despite the recent U.S. decision to spend huge amounts of money to try to stay ahead of China technologically, Washington has learned absolutely nothing about the threat to America’s national security, independence, and prosperity posed by this increasingly hostile and dangerous adversary, or how to counter it effectively. And maybe it hasn’t wanted to learn?...

Of course it hasn't.  A lot of pockets are lined with Chinese 'gifts' and 'stock holdings' such as those given to Biden's spawn--and let's not forget the 10% for Sponge-Brain-Shits-Pants himself.  And if you can't smell the thick green foul odor of the Chamber of Commerce here, pushing the sales, you are probably dead.

When there's money to be made, America comes in last.

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