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More Trump China lies

Summary:
From today’s Bloomberg: The U.S. intelligence community concluded with “high confidence” that China didn’t attempt to change the outcome of the 2020 election, an assessment that contradicts repeated assertions by former President Donald Trump and his allies.“We assess that China did not deploy interference efforts and considered but did not deploy influence efforts intended to change the outcome of the U.S. Presidential Election,” the Office of the Director of National Intelligence wrote in an unclassified report released on Tuesday. “China sought stability in its relationship with the United States” and “did not view either election outcome as being advantageous enough for China to risk getting caught meddling.” Instead, it was Trump’s pal Putin who was actively trying

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From today’s Bloomberg:

The U.S. intelligence community concluded with “high confidence” that China didn’t attempt to change the outcome of the 2020 election, an assessment that contradicts repeated assertions by former President Donald Trump and his allies.

“We assess that China did not deploy interference efforts and considered but did not deploy influence efforts intended to change the outcome of the U.S. Presidential Election,” the Office of the Director of National Intelligence wrote in an unclassified report released on Tuesday. “China sought stability in its relationship with the United States” and “did not view either election outcome as being advantageous enough for China to risk getting caught meddling.”

Instead, it was Trump’s pal Putin who was actively trying to defeat Biden:

The agencies also found that Russian President Vladimir Putin ordered influence operations to hurt President Joe Biden’s candidacy, favoring Trump just as the intelligence community says he did in 2016 against then Democratic presidential candidate Hillary Clinton.

Meanwhile, another overhyped threat seems to be much ado about nothing:

Courts have repeatedly sided against Trump’s TikTok ban, ruling that the effort appeared to be politically motivated and lacked a solid finding that the popular app posed a risk to Americans’ national security.

Well before Trump took the extraordinary step of attempting to shut down a business legally operating in the U.S., TikTok had been cooperating with the Committee on Foreign Investment in the U.S., an interagency panel that reviews companies that have overseas ownership.

And never forget that at the same time Trump was trying to prevent Americans from using Tik Tok and WeChat, he was quietly encouraging Xi Jinping to put one million Uighurs into concentration camps. Soon after, he encouraged his supporters to march to the Capitol building, and pressure Congress to overturn the election of Biden.

And people think the CCP is the biggest threat to our freedom.


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Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

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