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Old 09-16-2009, 07:43 PM
Namazu Namazu is offline
 
Join Date: Jan 2007
Posts: 185
Default Re: Global Trade and Preposterous Pants (Dan Drezner & Reihan Salam)

Poor rural Chinese typically save 40% of their income because they're at the mercy of the harvest and their health, and don't have access to food stamps, housing assistance, the kindness of wealthy neighbors, or insurance of any kind. This is obviously a problem for them and for capital formation in the Chinese economy. This is not our problem.

I'm not sure you understand either term, but who's the libertarian here? Don't tell me Drezner.

Quote:
Originally Posted by qingl78 View Post
Do I misunderstand or are a couple of conservatives/glibertarians seeing benefit of government intervention in the economy in the current recession? Have I got it right that there are a couple of conservatives who want a robust social safety net (at least in China)?

Maybe these guys aren't conservative/glibertarians?
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