"Doug Miller" wrote in message
...
In article , Tim Wescott
wrote:
On Tue, 23 Sep 2008 10:33:45 -0500, Jon Elson wrote:

There are **NO** regulations in China. Haven't you been reading the
news? They feed their own kids seriously tainted milk! Antifreeze is
used as a sweetener in toothpaste, permitted by LAW! They use lead-based
paint on toys sold to the US.

Where have you been?

Jon

They have regulations, they just ignore them if it'll make money for the
friends of those in high places (see "Bush Administration").


Conveniently ignoring the fact that it was Bill Clinton, not G.W. Bush,
who
ensured that China was awarded "most favored nation" trading status...

Which is why genuine economists consider Clinton to be an economic
conservative. He bought almost the whole program: "free" trade,
deregulation, limited welfare, balanced budgets, inflation-fighting, and so
on. He was a Washington Consensus guy, from NAFTA to the IMF and the World
Bank.

Bush is, too. The difference is that Bush doesn't have a clue about how the
pieces are supposed to fit together. No Rhodes Scholar he, Bush just follows
the economic programs he's told.

--
Ed Huntress