On the recordMarch 2, 2023
Mr. President, no issue dominates our attention more these days than our growing rivalry with China, and rightly so. It is a historic challenge. It is one that I think we waited way too long to recognize, and now we are scrambling to make up for that. But I think, in all the attention that is being paid to this, it is important that we remember or at least recognize that the core, the essential issue here is not China, per se, by itself; the core issue here is a decades-old, bipartisan consensus that is entrenched in our economics and our politics--a consensus that said that economic globalization would deliver, well, freedom and peace. It was almost a religious faith in the power of the free flow of people and money and goods across borders as the answer to virtually every problem that faced the world. That is how we built our politics. That is how we built our foreign policy. You know what, for about 50 years after World War II, it generally worked. The reason why it generally worked is because we didn't actually have a global market. If you look at the economy we were engaged in, if you look at the free trade and the like during that period of time, it was primarily a market made up of democratic allies, of countries that shared common values and common priorities for the future.…





