WSJ/Plan U.S Saving more,China less reliant on exports
October 03, 2009 at 14:29 PM EDT
[Skip to the end] These proposals present what is perhaps the most serious macro risk to the US standard of living in our history. It is truly the blind leading the blind. Seems they’ve all forgotten none of us are on a gold standard, That exports are real costs, and imports real benefits, and that taxes function to [...]
