Freeman Report October 2006 -- Vol. 4, No. 10

Given all the challenges in front of the U.S. economy, the newly-appointed Treasury Secretary may soon see the end of his honeymoon. Ironically, though, his relationship with China looks promising. President Bush and China’s President Hu established a “high-level economic dialogue” this summer, and Secretary Paulson heads the U.S. team. A part of the good news is that this dialogue, in addition to managing bilateral issues, could help him address other U.S. economic problems.