Subject: Re: 16 Nobel Economists Say No...
Yeah, his tax cuts need to end.

But we need (as a matter of international policy) to ween ourselves off of China. We fueled their military build-up with our insatiable thirst for cheap plastic crap from Walmart. Now they are powerful enough to cause problems. We need to shut off that faucet. Escalating tariffs, or actual prohibitions. Yes, that will drive prices of some things up. IMHO, we should phase-in a policy that if any component of a product was made in China, it is not eligible for import.

The stakes are a lot bigger than than the 59 cent doo-dad for you kitchen.

As an anecdote, we are already starting to do that in our household. 1poorlady is Asian. We go to the Asian grocery. We avoid anything made in China. Though that is less a matter of China's economy, and more a matter of Chinese products often are not produced in a healthy way. We'll buy Korean or Japanese noodles, not Chinese. We keep reading articles about how foodstuffs from China are not good. So we get the Korean noodles, even if they cost 25% more.