A Nobel Prize Winning Economist, Joseph Stiglitz, Agrees with Our Views on Proposed Chinese Tariffs

May 22, 2007 - In continuation of my last blog, today it was reported that Stiglitz criticized Congress for its stance on China tariffs.

"We are in a mutual hostage situation, and China may hold the better cards," Stiglitz said.

The story stated that

if Congress were to pass measures cutting off Chinese exports to the U.S., China could quickly reduce these…