What did she do to deserve this?
The Washington Post thinks the Treasury’s tongue-lashing is overdue, as does Paul Krugman of the New York Times:
“In this environment, a country that runs a trade surplus is … beggaring its neighbors. It is diverting spending away from their goods and services to its own, and thereby taking away jobs.”
Is this not astonishing?
Competing successfully in world markets is now tantamount to stealing food off the table of one’s less-competent and less-successful neighbors.