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Comments
If they have to lie about these matters, it means that good arguments are nowhere to be found for their cause. Or if there are any, they are too embarassing to use, such as saying that America needs to push its wage scale down to remain competitive in certain sectors. If we do need to bring our cost structure down, a better way to do that would be to authoritatively discourage central banks from excessive dollar support operations. Then what about our public school teachers' vacations in Europe?
Posted by: John S Bolton at Jan 10, 2006 2:08 AM