If nothing is done, he said, the United States will continue to transfer ownership of assets to foreigners to finance American overconsumption. Americans, he said, will eventually "chafe at the idea of perpetually paying tribute to their creditors and owners abroad."
"A country that is now aspiring to an 'Ownership Society' will not find happiness in - and I'll use hyperbole here for emphasis - a 'Sharecropper's Society.' But that's precisely where our trade policies, supported by Republicans and Democrats alike, are taking us.
Random related musings:
The IHT has the best article layout of any online paper that I have seen.
The Bershire Hathaway webpage has got to be the coolest corporate webpage in this or any space-time continuum.
No comments:
Post a Comment