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On Mon, 11 Jul 2005 20:09:54 -0400, NOYB wrote:
I see China benefitting from our trade relationship, but I don't see the U.S. benefitting...particularly in the long run. Sure, in the short term we have cheap toasters and microwaves available at Wal-Mart...but we've lost tens of thousand of manufacturing jobs in the process. The advocates of free trade with China claim that it will open up a huge market (1.6 billion Chinese) for U.S. products...but does anybody really believe that the Chinese will completely open their markets to foreign products...particularly once they start building commercial airplanes, etc.? I don't. Hey, I didn't say I agreed with the Global Market theories. It seems to me we are giving it away, but closing the door now is a little late and it isn't just China. This has been going on for several decades. Look, I'm an American and I believe in the Red, White and Blue. Multinationals with free flowing capital only fly the $green$ flag. The Chinese have waged economic warfare on the U.S. for the past decade, and we haven't even started to fight back. Fight back? Hell, we are the reason China is an economic powerhouse. Before Nixon's visit, China was a Third World country. We opened the door. We encouraged capital to go to China. Perhaps, we were a little too successful. |
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