Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

On Apr 14, 2008, at 7:44 PM, EarthNSky wrote:

> I honestly do hope Obama or someone takes issue with China, but I  
> worry
> that he may not be tough enough to do it.

He is intelligent enough to understand the issues and talk about them  
persuasively. No president makes trade treaties on his own. Congress  
does that. It will be next year before we find out if the next  
president and the Congress intelligently address the many  
international trade issues, most especially China.

I am reminded of reading about the Tri-Lateral Commission in the  
seventies. Their reported premise then, and it is becoming more  
obvious to me now, is that the world will ever evolve to an  
equilibrium where wages in all countries are fairly equal. The  
discomfort here is already apparent. I don't know that there is an  
answer beyond vastly superior upper education and technological  
advances. Business as usual was yesterday.