Peter Morici teaches business at the University of Maryland.  I cut and paste his writings here sometimes.  He just won the Marketwatch Economic Forecaster derby for... forecasting economic trends more accurately than his peers.  

Here is one of his assessments: 

The overvalued dollar and the trade gap are distorting the U.S. economy, he said. "We are borrowing money from the Chinese to buy imports and re-employ people in restaurants," Morici said.  

Yikes.  He must be a protectionist... or something.  A China basher.  The Very. Serious. People. in Washington are suffering chills and shakes from the cognitive dissonance (facts conflicting with their ideology). 

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