Saturday, November 17, 2012

Job Wars


http://uk.reuters.com/article/2012/11/14/china-congress-protectionism-idUKL5E8ME03320121114
Communist China has 200 million workers in the export sector.  That's more workers than are working in the United States for everything.  The Communist Chinese support 200,000 jobs in the United States and are responsible for the loss of 2 million American jobs in the last ten years.

Those numbers really tell a terrible story.  We have lost millions of jobs, created a minuscule number of new jobs by trading with the Communist Chinese.  They steal our jobs, take our secrets, devalue their money, raises barriers to trade and all the time cry that the US must keep free markets.

Once they get our money they loan it back to us.  The Chinese hold 8% of American national debt.  That number is likely to get larger as the new Obama Administration is unwilling to cut any significant budget items and is unwilling to do anything that will actually grow our economy.  We are in a trade war with Communist China.  Most of their big companies are owned by the Chinese government and often by the Chinese Army.  We need to cut regulation, streamline taxes and grow our economy; that's the view from the Hysterical Right Wing.

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