The world's largest debtor is a distinction of sorts, but not the one we like having.
Daniel Patrick MoynihanI'm a Democrat, and there are an important group of things only the government can do. But let us be clear that for most of the world, what they most need is less government.
Daniel Patrick MoynihanI have no doubt that there will continue to be bumps, some serious crises indeed in our relationship with China.... Neither membership in the WTO nor normalized trade relations with the United States will magically impose the rule of law on China or institute deep-seeded respect for human rights. But it certainly has potential to advance those purposes.
Daniel Patrick Moynihan