Most realize that China has eaten our lunch. But what most don’t know is that China was a reluctant participant early on. Every subsequent action is on us! It was only later that American companies got greedy and decided to trade their patriotism for corporate growth. How else to explain the wholesale exodus of American jobs and technology overseas; particularly to China? The reason: to make our goods more competitive on the world market by utilizing cheaper labor which results in higher corporate profits. China is not just another country among many who got America’s manufacturing jobs; it was the number one country that took our jobs. China has cornered 28.7% of all manufacturing jobs in the world. Think about it for a moment.
Both corporations and government put blinders on to make a bargain with the devil. When you look at the logic of trade with China, you realize […]
Excerpt Sourced From: www.americanthinker.com
