Washington Post Does China Bashing for Its Advertisers

Since the Washington Post decided to attack Mitt Romney for China bashing as part of his presidential race, it seems only appropriate to attack the Post's own China bashing in the same editorial. While the Post is almost certainly right about Romney's motives, it's wrong about the logic of the case.

The United States has a huge trade deficit. China has a huge trade surplus. This is 180 degrees at odds with the textbook story. A fast growing developing country like China is supposed to be borr...