Wretchard said:

“American American shipbuilding is in rapid decline while Chinese capacity is in ascendance.”

I’ll have to expose my ignorance to public derision. I thought the American shipbuilding industry had been years ago killed by the Japanese and then the Japanese shipbuilding industry was later killed by the Koreans. Presumably the Chinese are now killing the Korean shipbuilding industry.

Also “Ex-republican” is an obvious troll. I urge Belmont Club commentators to ignore this shameless troll.