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by ojbyrne 6628 days ago
I just found the part of the article I highlighted to be kind of stupid, especially coming from a Berkeley "visiting scholar." Though I'm not quite sure how important that title is (random guess - not very), it's important enough to be mentioned in the article.
1 comments

After reading over it again, I wonder if he was misquoted. Because, if you take into account exchange rates, then the US probably is probably paying more on an absolute basis. But it doesn't say anything about exchange rates.