{"id":1285,"date":"2006-10-02T11:20:44","date_gmt":"2006-10-02T11:20:44","guid":{"rendered":"https:\/\/discovery.org\/tech\/2006\/10\/02\/go_hank\/"},"modified":"2024-10-15T21:57:36","modified_gmt":"2024-10-15T21:57:36","slug":"go_hank","status":"publish","type":"post","link":"https:\/\/www.discovery.org\/tech\/2006\/10\/02\/go_hank\/","title":{"rendered":"Go Hank!"},"content":{"rendered":"

We’ve been critical of the Administration’s China policy over the past few years, so we’re happy to note Treasury Secretary Hank Paulson’s successful effort to avoid a trade catastrophe. Last week, on the heels of his highly successful China trip, Paulson persuaded Sens. Smoot<\/em> Schumer and Hawley<\/em> Graham — as Larry Kudlow calls them — to drop their 27.5% tariff bill. Paulson has not only averted a trade war with relatively little blowback so far from America’s anti-trade jingos, but he also appears to have set us on a new, strategic, “generational” course — as he calls it — vis-a-vis the Middle Kingdom.
\nI don’t know that we’re totally out of the woods on the dollar-yuan currency front, but I’ll take the last two weeks of economic policy news. The stock market likes it, too.
\n-Bret Swanson<\/p>\n","protected":false},"excerpt":{"rendered":"

We’ve been critical of the Administration’s China policy over the past few years, so we’re happy to note Treasury Secretary Hank Paulson’s successful effort to avoid a trade catastrophe. Last week, on the heels of his highly successful China trip, Paulson persuaded Sens. Smoot Schumer and Hawley Graham — as Larry Kudlow calls them — to drop their 27.5% tariff bill. Paulson has not only averted a trade war with relatively little blowback so far from America’s anti-trade jingos, but he also appears to have set us on a new, strategic, “generational” course — as he calls it — vis-a-vis the Middle Kingdom. I don’t know that we’re totally out of the woods on the dollar-yuan currency front, but I’ll Read More ›<\/span><\/a><\/p>\n","protected":false},"author":164,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[52],"tags":[],"coauthors":[129],"class_list":["post-1285","post","type-post","status-publish","format-standard","hentry","category-globalization"],"acf":[],"author_names":["Bret Swanson"],"_links":{"self":[{"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/posts\/1285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/users\/164"}],"replies":[{"embeddable":true,"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/comments?post=1285"}],"version-history":[{"count":0,"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/posts\/1285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/media?parent=1285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/categories?post=1285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/tags?post=1285"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/coauthors?post=1285"}],"wp:action-assign-author":[{"href":"https:\/\/www.discovery.org\/tech\/wp-json\/wp\/v2\/post\/1285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}