Did you miss the last 40 years in which US economic policy was underpinned by the thesis that shipping manufacturing jobs to China would give rise to a middle class that supports democracy?
To paraphrase Upton Sinclair, "It is easy to get a man to believe and promote something, when making massive amounts of money depends upon his believing and promoting it."
Did you miss the last 40 years in which US economic policy was underpinned by the thesis that shipping manufacturing jobs to China would give rise to a middle class that supports democracy?
Well, here's a reminder if you needed it.