Death by China
I just got done watching a film called “Death by China”
I found it quite disturbing. Since the entry of China in to the
World Trade Organization, they have been slowly raising there
economy to a new level.. while sinking ours. This isn’t all their fault
though. Our own big corporations have had a lot do with this degradation of our economy.
By moving their operations to China to save a few dollars, they have created a serious imbalance of trade between our country and that of the Chinese. Analysts say we need about 25% of our work force in a manufacturing environment. We only have about 9% in manufacturing.
Jobs in manufacturing pay a better wage, and they create jobs beyond their facility in support that is needed to make it work. We can not rely on the Chinese to deal in good faith with us. They aren’t doing it now. There is no reason to believe they will do it in the future.
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