The Fiscal Cliff and Chinese Windfall

The Fiscal Cliff and Chinese Windfall

Further illustrating his tireless commitment to (not) addressing the forthcoming financial meltdown, President Obama recently traveled to Myanmar, a country of minimal strategic value to the United States. There to champion the cause of democracy, the president no doubt also received invaluable economic advice from Aung San Suu Kyi. Say what you will about the president, but he certainly knows how to exercise a “mandate” in furtherance of his constitutional responsibilities.

Meanwhile, back in the nation he’s ostensibly leading, Black Friday and Cyber Monday continued our nation’s obsession with purchasing cheap goods made in China (not Myanmar), and our nation’s...