CGTN Opinion Piece Refers to LaRouche Warnings to Congress on Economy

CGTN published an opinion piece by Bill Jones, entitled “Congress’ Strategic Competition Act Will Come Back to Bite America” which lambastes this recent piece of insanity by Congress as an attempt to totally stop China’s developments in its tracks. In the course of the article Jones notes that Congress’ “sudden” realization of the awful shape of the U.S. economy today was the sad result of Congress’ failure to listen to the wise voice of Lyndon LaRouche decades ago. “While the rise of China has brought home to our lawmakers the fact that the U.S. as an industrial power has become something of a “rust bucket,” “ Jones writes, “they could have learned that lesson in the 1970s when economists like the late Lyndon LaRouche addressed Congress on numerous occasions, warning that the U.S. economy under the post-Bretton Woods regime was being deindustrialized by the “outsourcing” of our industries to low-wage countries. But Wall Street profited from it, so nothing was done.”