Shocking, I know. But his commentary on our "soaring trade deficit with China" this morning was excellent.
Update Link fixed. Having a little trouble with the audio links this week, sorry.
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The link didn't work - what did he have to say?
Wow, I would have thought this would provoke more discussion. Reich is generally more despised than Krugman by conservatives, though I think it is a deeper and narrower despising.
I agree with the economics of it, too. A caveat would be in the geopolitical sphere. If we manage to pressure China into alterring its currency it may very well hurt our balance of trade, but it might hurt theirs worse. From a China-as-the-new-USSR standpoint, that could be perceived as good.