August 7, 2007

Yo, China Bashers!

The Club for Growth has compiled stats on the rate of growth of exports to China by Congressional District and has posted those of the members of the House Ways & Means Committee on its blog.

These are awesome numbers! Why on Earth would we want to enact protectionist policies against China and put at risk our ever-increasing ability to send them more of our stuff? Bottom line: For the last seven years, American businesses in these 41 districts have experienced an average growth rate of 321% in their sales to China. But despite this fabulous surge, some of the members listed below want to enact policies that will spark a trade war and defuse this growth, the idea of which is pure lunacy.

I know what you're thinking. What about New York and South Carolina - the two states represented by the leading anti-China protectionists in the Senate, Chuck Schumer and Lindsey Graham? New York's exports to China between 2000 and 2006 grew 180% compared to 34% to the rest of the world. South Carolina was 453% and 56%, respectively. Not too shabby.


Larry Kudlow calls the "Smoot" Schumer and "Hawley" Graham. Yeah, let's start a trade war.

Hat-tip: Don Luskin

110th Congress Posted by jk at August 7, 2007 6:57 PM
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