Think
About This
The next time you pick up that “Made in
China” product when you know there is an American made product at a slightly
higher price, Think about This!
On May 10, 2012, USA Today reported that the
trade deficit with China is on pace to exceed $295,500,000,000, last year’s
amount. And they use questionable
currency manipulation to make Chinese goods cheap in the United States and
American products very expensive in China.
On October 4, 2010, The American Economic
Report in that year, our trade deficit with China will displace between 512,000
and 566,000 American workers.
Since 2001, when China joined the World Trade Organization, 5, 500,000
manufacturing jobs and 26,000 manufacturing facilities have been lost due to
such a large trade deficit.
In 2011, according to the federal government,
the labor force in the United States was 153,600,000 with 20% or 30,720,000
members typically engaged in manufacturing. Just using very simple math one can see that we have, as of
2010, lost 18% of our manufacturing jobs due to the trade deficit. The 2011 unemployment rate was 9% so if
we just reduce our imports from China by 50%, we should reach full employment
in the United States.
Just a note, our total imports in 2011
exceeded $1,700,000,000,000. Why?
That unimaginable number is due to two
things; first, the American people do not want to pay a little more for
American made goods. Second,
American employers do not want to provide a wage and benefit package that is commensurate
with the skill and educational level of the American worker.
Big corporations know that as the
unemployment rate increases, so does the demand for ever and ever cheaper
products. So they import those
products from countries, like China, that pay very little, have no benefit
package to worry about, have no environmental protection or worker protection
regulations. Everything goes their
way. The more we demand cheap products, the more domestic production they move
overseas. While they are rolling
in the dough, the American wage and lifestyle, for so long the envy of the
world, continues to decline.
Just one more point for today, but you will
be hearing a lot more from me about China’s colonization of America. While the
ultra-rich continue to bash the middle class of America into submission, they
are moving their corporate headquarters “off shore” to avoid paying taxes in
the country that has given them such great wealth. To add insult to injury, many of the “ruling class” are
renouncing their American citizenship to avoid paying income tax. As Leona Helmsley once said, “We don’t
pay taxes. Only the little people pay taxes.” People at her level actually believe that.
Think about those things the next time you
put a “made in China” product into your cart. More to come!
DON’T
FORGET TO BUY AMERICAN
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