"THIS IS NOT WHAT HAPPENS WHEN CAPITALISM HAS TO COMPETE WITH COMMUNIST SOCIALISM."
IMO it's a riot how you're hellbent on disagreeing with me, then you proceed to write paragraphs explaining why it's the precise problem.
For all the reasons you stated, Nixon sold out our labor force on his criminal and disgraced way out of office, and Reagan after him (if anyone cares to review the "America's workers can compete with anyone's" speeches from Reagan's presidential campaigns.. hundreds of these speeches exist).
Here's the bottom line imo: our annual trade deficit just with China now exceeds one trillion dollars. If anyone of any political persuasion wishes to claim this situation is sustainable long-term, please go ahead. In the meantime, us adults have to fix the problem, hopefully before our current de facto bankruptcy becomes official. And it's a problem that didn't exist for the first 200 years of our history, before Nixon.
In fact I've found the fastest and easiest way to separate real Republicans from fake ones is to propose cutting off all trade with China, and watch their reaction. Members of the latter group will start enumerating reasons why it's not possible, real Republicans will explain it's exactly what U.S. presidents did for almost 200 years -- because it was and still is the only way to maintain fair labor, trade, environmental and other standards among Western nations. Among these other standards btw is the integrity of our major religions, e.g. the Communists have now installed party-loyal "bishops" in the RCC in China. Drop an RMB in the basket on Sunday and it's in the government's hands on Monday. Pretty neat huh? Now imagine this same interference with/control over the private business sector. Hopefully you can imagine it, because it's what U.S. and other workers in Western countries have been competing against since Nixon "opened the gates to China" and finished burying the gold standard in 1971.[this post was last edited: 5/18/2014-10:52]
IMO it's a riot how you're hellbent on disagreeing with me, then you proceed to write paragraphs explaining why it's the precise problem.
For all the reasons you stated, Nixon sold out our labor force on his criminal and disgraced way out of office, and Reagan after him (if anyone cares to review the "America's workers can compete with anyone's" speeches from Reagan's presidential campaigns.. hundreds of these speeches exist).
Here's the bottom line imo: our annual trade deficit just with China now exceeds one trillion dollars. If anyone of any political persuasion wishes to claim this situation is sustainable long-term, please go ahead. In the meantime, us adults have to fix the problem, hopefully before our current de facto bankruptcy becomes official. And it's a problem that didn't exist for the first 200 years of our history, before Nixon.
In fact I've found the fastest and easiest way to separate real Republicans from fake ones is to propose cutting off all trade with China, and watch their reaction. Members of the latter group will start enumerating reasons why it's not possible, real Republicans will explain it's exactly what U.S. presidents did for almost 200 years -- because it was and still is the only way to maintain fair labor, trade, environmental and other standards among Western nations. Among these other standards btw is the integrity of our major religions, e.g. the Communists have now installed party-loyal "bishops" in the RCC in China. Drop an RMB in the basket on Sunday and it's in the government's hands on Monday. Pretty neat huh? Now imagine this same interference with/control over the private business sector. Hopefully you can imagine it, because it's what U.S. and other workers in Western countries have been competing against since Nixon "opened the gates to China" and finished burying the gold standard in 1971.[this post was last edited: 5/18/2014-10:52]