Maya MacGuineas: America's Biggest Weakness is No Big Secret

Jun 25, 2019 | Economics

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion piece for Fox News, an excerpt of which is below.

Amid heightened tensions Presidents Donald Trump and Xi Jinping are expected to meet and discuss trade during the G20 summit in Osaka, Japan later this week. While it is highly unlikely that Beijing would use it, there has been a good deal of discussion about its "Trump card" – a possible China Treasury-dump. It should however serve as a wake-up call, though Sun Tzu didn’t mention it in "The Art of War," it is pretty solid advice not to have to borrow from your competitor.

Read the entire piece here.

"My Views" are works published by members or staff of the Committee for a Responsible Federal Budget, but they do not necessarily reflect the views of all members or staff of the Committee.

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