Don’t tell Stan, but I got bored with Canadian football on TV last night and came across David Leonhardt of the Times on Charlie Rose. He made a comment we should all remember (my rough transcript):
The global economy is not a zero-sum game. We tend to think of China as a rival, almost like a sports game, and if they’re doing well that means we’re doing badly. That’s not quite right, that’s not how the world economy works. It’s not a zero-sum game.
The video is here on the program titled “President Obama’s Economy Speech.” Leonhardt’s comment comes about 44 minutes in.