#C= Posts 2Q results 🙁
29-Mar-94 21:27:19
Sb: #137375-#C= Posts 2Q results 🙁
Fm: Paul Higginbottom 76314,2742
To: Brian Bartlett 72037,570
Good stuff, Brian. Are you in college? If so, what are you taking? What are
your plans?
One comment: While the trade deficit with Japan is not really any threat to the
US, many of Japan's trade policies are wrong. I'm not talking about MITI
(which the Clinton administration seems to think is a good thing when in a
reality it is a HUGE Japanese bureaucracy), I'm talking about things like rice.
The US is hypocritical of course also, not necessarily that much with Japan,
but in protecting sugar and textile production for example. We massively
protect sugar production for example, despite that the US isn't a very good
place to grow it, and Phillipines is which we hurt by our protectionism yet try
to make it up with big foreign aid grants (a double-absurdity).