Posted on 05/11/2023 3:43:49 AM PDT by daniel1212
Presidents Ford, Carter and Bush yesterday wrote an open letter backing legislation to grant permanent normal trade relations to China. Shoring up support on the right, Federal Reserve Chairman Alan Greenspan said he too is behind the measure, which would ease the communist nation’s long-desired entry into the World Trade Organization....
The former presidents said granting China permanent trade benefits would build upon market-opening initiatives pursued by every American president since World War II.”It will open China’s markets to us without increasing China’s access to our market,” the presidents said....
Ford and Carter will join President Clinton, Vice President Al Gore, former secretaries of state, including Henry Kissinger, and former national security advisers at the White House to rally support for the legislation. ...
“In economic terms, the case is clear,” the former presidents wrote in their two-page letter released by the White House.”..
The former presidents disagree, saying a vote for PNTR will soften U.S.-China relations and make positive change within China more likely by opening doors to the information revolution and speeding up reforms that are dismantling many state controls over the economy and society.
Greenspan also said permanent trade relations would ease political liberties inside the nation of 1 billion people...
I think you missed the date. It was 2000. Fooled me too for a minute.
Yep, LOL
Most of the problems we have have been created by the Washington consensus of years ago between the repubs and dems. China, amnesties, trade, spending, debt, wars, etc etc. Voting for Democrats and Republicans destroys America.
It’s an honored tradition among Freepers - only read enough to get fired up and blast off a reply, then re-read the whole story ....
Shoulda’ been a Trojan© in each of their daddies’ wallets...
Oh. It was “posted” in 2023. Whatever
The only path by which China should be accorded a permanent trade agreement, is for China to give up the “emerging nation” designation, and be held to the same account and standards for their contribution to worldwide pollution as is the United States and the EU. China is not and has not been an “emerging nation” for some time now. Either they stand up on their own two feet and do business like the big boys, or they withdraw into their own shell, and become a bigger version of North Korea.
Nobody wants that.
Absent also are the two Bushes
It’s an honored tradition among Freepers - only read
enough to get fired up and blast off a reply,
************
Makes for a laugh once in a while or maybe a quick look
back into history from whence we came. We live until
death catches up with each of us.
Ford died in 2006
—
That’s not a disqualifier.
In Nixon’s defense, I believe he opened China to the West as a wedge against the Soviet Union.
Way past their shelf life.
Nixon fellated Mao. The left messed up getting rid of him. He was one of them.
The only former prez I begin to trust on China should by rights be our current prez.
ops wrong thread
Short term gain, long term loss. Guilty of such myself.
There’s no doubt about it, both parties sold us out in 2000, and we’re paying for it now.
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