Third Way Perspectives
Archive for February, 2012
February 15th, 2012
This piece originally appeared in The Wall Street Journal.
According to Chinese tradition, the coming “Year of the Dragon” will bring success and happiness. But, for modern China, 2012 will also be a year of decision. The choices China makes will have important implications for its future and America’s, and for the health of global trade.
Last year marked China’s 10th anniversary as a member of the World Trade Organization (WTO). When it joined the WTO, China made a deal. In exchange for expanded market access to the WTO’s now 150+ members, China agreed to adopt free market reforms and significantly open its economy to foreign trade. And because China had much market-opening work to do, the WTO gave China a significant part of the past decade to phase in reforms.
February 14th, 2012
This piece originally appeared in Politico.
Mitt Romney could end up being the most hapless presidential nominee since Hubert Humphrey in 1968. Romney aims to lead a party whose base is in revolt — against him. Just like liberals were in revolt against Humphrey in 1968.
Antiwar liberals rioted in the streets of Chicago at the 1968 Democratic convention. It’s hard to imagine conservatives rioting in the streets of Tampa at this year’s Republican convention. Street riots are not their style. But Tea Party activists are pretty good at making their feelings known. And their feelings about Romney are not enthusiastic.