Monday, June 27, 2005

Another impact of the CNOOC offer

It may have appeared elsewhere in the mainstream media but I haven’t seen it. That is, the words that I have been preaching in this blog for several months: “the US is no longer the only economic powerhouse”. But those words appeared in yesterday’s editorial in the New York Times. The editorial pointed out that China bashing will not reduce China’s economic importance in the world. We have to take actions to make sure we stay prosperous, safe and healthy, actions like reducing our dependence on oil, living more within our means, educating our kids better. You know, the common sense things that made this country great.

Now when will the Times also start editorializing about the growing economic power of India and Brazil?

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