Tuesday, March 10, 2009
134. President Obama and George Washington's Wisdom
President Obama reminded the Americans of the difficult situation that the nation faced directly after the US gained its hard-earned independence from Britain. It was when the newborn US was in such a critical time that American trade with China was opened. We all know that looking back at the history may be of some help to understand current US-China economic ties, though the situation today is tremendously different from previously. We will benefit from the founding father's wisdom. "Our founding fathers faced perils that we can scarcely imagine." Dr. Wang's Paper With China We trade shows you how the founding father led the new nation rise above the economic quagmire.