Introducing the Most Efficient Workforces in the World:
[via Good & The Big Picture]
“Sandefur discusses the “four big Progressive ideas” that came about during the New Deal-era Supreme Court in the 1930′s. They include: 1) Rather than being inherent, rights are permissions given to individuals by the state; 2) Government exists to “improve” society, not to protect individual rights; 3) A reading of judicial restraint that means when government violates your rights, the courts should do nothing about it; and 4) Belief in a “living Constitution,” that will be radically reinterpreted in various contexts.”
“Democrats in Congress are threatening to pass legislation before the midterm elections that would slap huge tariffs on Chinese goods to undermine the advantages Beijing has enjoyed from a currency, the renminbi, that experts say is artificially weakened by 20 to 25 percent.
Somehow this was written with words like “competitiveness” and “artificially weakened” to hide the fact that what we are talking about is raising prices to American consumers (by as much as 20-25%, one infers from the last paragraph). Not only would this make Chinese goods more expensive, but it would reduce the downward price pressure on goods made elsewhere”
Full comment from the Coyote Blog here.