
Sticks, Carrots...Baby Carrots: Rep. Mike Gallagher on the China Threat | GoodFellows: John Cochrane, Niall Ferguson, H. R. McMaster | Hoover Institution
GoodFellows: Conversations from the Hoover Institution
Stop Underwriting Our Own Demise
"The overall goal is to prevent the Chinese Communist Party from achieving its vision for national rejuvenation at our expense," he says. "We are enabling our own demise economically in many ways, uh, and enabling their mercantilist model to succeed through the dumb money flows that are the scaffolding that holds up their system." The U.S. should not help them gain an unfair differential advantage over the United States financially or militarily, Obama adds.
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