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View Diary: NY Times: Obama Erases Romney’s Edge on Economy. Poll Finds. (23 comments)

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  •  Looks like the Romney foreign (12+ / 0-)

    policy thingy is going well...

    BEIJING, Sept. 14 (Xinhua) -- Merely aimed at scoring cheap political points in an election season, U.S. Republican presidential candidate Mitt Romney once again blamed China's currency policy as the root cause for the excruciatingly high jobless rates in the United States.

    While addressing a rally in the U.S. state of Virginia on Thursday, Romney, just as what he has done along his campaign trail, opened fire on China, claiming that it was Beijing's undervalued RMB currency that forced U.S. manufacturers out of job.

    What is more sensational is that this millionaire GOP candidate has vowed to declare China a currency manipulator on the first day of his presidency if elected.

    Yet it is rather ironic that a considerable portion of this China-battering politician's wealth was actually obtained by doing business with Chinese companies before he entered politics.

    If these mud-slinging tactics were to become U.S. government policies, a trade war would be very likely to break out between the world's top two economies, which would be catastrophic enough to both sides and the already groaning global economy.
    Way to go Mittens.

    Sorry if slightly OT.

    Ron Reagan: "Sarah Palin's constituency are people who wear red rubber noses and bells on their shoes."

    by AnnetteK on Fri Sep 14, 2012 at 05:10:17 PM PDT

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