Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Austerity is preceded by gluttony.
A madman had a perspective too – but that doesn’t mean it has merit or credibility. The Jacobin perspective is simply delusional.
What austerity? Chicago is broke due to rampant spending. I swear, these people are so enamored by their own rhetoric that they seem to believe that simply saying something must automatically make it true.