[a little elbow grease]

"President Bill Clinton backed China’s entry into the World Trade Organization (WTO). When that happened in 2001, the political class, liberals, media and big business were ecstatic. They believed that China would follow the rules and the trade deficit with the U.S. would diminish."

"They ignorantly believed that Americans would gain jobs and China would “liberalize” economically — meaning be open to world trade and commerce — while supporting the rule of law and affording its people basic freedoms. All these assumptions have been proven disastrously wrong for hard-working Americans as we lost millions of jobs, suffered wage stagnation and watched the manufacturing base destroyed, while our intellectual property was stolen."

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Great thread. I learned a lot. Thanks for posting.

[bdfromlv]

The Clinton's were bought by the chicoms in the 90’s under the MAD (mutual assured destruction) thinking and gave them access to super computers and miniaturization processes that they were decades away from stealing and brought North Korea in with nuke power. Mad Madelin's ideas.

[Cboldt]

They believed that China would follow the rules and the trade deficit with the U.S. would diminish."

They did not believe this. This is what they told the public. They expected exactly the result that occurred. In order to achieve globalization, the nations have to "level out," the US must "lose," in a sense.

This has been PoliSci 101 for decades.