Wednesday, April 07, 2010

China can solve America's jobs problem

American business consists of monopolies and cartels, where prices are set at just-below-unaffordable. The cost-of-goods-sold became too high, as compared to manufacturing in China, so our jobs and technology were thrown to the wayside. So these Capitalist Corporate CEOs could make an extra dollar.

The American government is petrified to step in and raise tariffs or to put an energy tax on items made overseas with dirty energy. They say, "China is making things with dirty coal, so if we need to use green energy, we will be at a disadvantage." But if we bring the manufacturing back onshore, then we could have our jobs AND implement green energy, without the excuse that "China does it."

China would not react too badly to this, because they have a vested interest in seeing the US dollar gain in value. If America just keeps printing money, the value goes down. But if America makes things for export, the value of the US dollar will rise.

C'mon,China, do your investments a favor and tell America to get productive again. Please!