Here’s the Plan
by shep
Shorter bi-partisan wisdom from the leaders of the most powerful capitalist nation on earth: So we’ll borrow from the Chinese and give that money to individuals and businesses so they’ll buy more from the Chinese and they’ll lend us more money. Pass it on.
For added irony, we should all spend it at Wal-Mart, aka China Incorporated.
To recap: we ship the raw materials to China who makes the stuff that we then buy with money we borrowed -- from China!
In other words, welcome to India, circa 1920.