Posted on | November 4, 2011 | 23 Comments
OK, maybe the NY Post-style headline slightly overstates Mitt Romney’s tough talk on China here at the “Defending the American Dream” summit. Instead the former Massachusetts governor promised that, as president, he would evaluate federal programs in terms of deficit spending financed by borrowing from China.
“For each program we have in the government, I’m going to look at them one by one, and I’m going to ask this question: ‘Is this program so critical, so essential, that we should borrow money from China to pay for it?” said Romney, who is neck-and-neck with Atlanta businessman Herman Cain in the race for the GOP 2012 nomination.
“Now, for example, I like Amtrak, but I’m not willing to borrow $1.6 billion a year from China to pay for it,” Romney said, drawing applause from the crowd in the D.C. Convention Center ballroom. “I really like the National Endowment for the Arts, the National Endowment for the Humanities, the Corporation for Public Broadcasting, but I will not borrow almost a billion dollars a year from China to pay for them.
“And then there’s foreign aid. Do you know that we give $27 million a year – guess to which country? To China. . . . I will stop sending money to any country that can take care of itself, and no foreign aid will go to countries that oppose American interests.”
That line produced a standing ovation.
Our ruthless Chinese overlords have yet to issue a statement on this unexpected outbreak of Sinophobia from Romney.