Chuck Schumer actually said...

President Obama, backed by conclusions of a broad range of economists, believes that China is manipulating its currency.

And, frankly, what came out of China on this issue was terribly disappointing.

They still didn't let the currency freely float, but they were still manipulating it, but they let it rise.

All these high-minded editorial boards who love to just say, 'We are so much smarter than politicians,' were wrong.