The major cause of the US trade deficit with China is “globalism” or the practice, enforced by Wall Street and Wal-Mart, of US corporations offshoring their production for US markets to China (and around the world) in order to improve the bottom line by lowering labor costs.
(Hat tip) Every Blade of Grass. Some things speak for themselves.
Sad But True……
From a friend of mine…..
John Smith started the day early having set his alarm clock
(MADE IN JAPAN )
for 6 am. While his coffeepot
(MADE IN CHINA)
was perking, he shaved with his electric razor
(MADE IN HONG KONG)
He put on a dress shirt
(MADE IN SRI LANKA),
designer jeans
(MADE IN SINGAPORE)
and tennis shoes
(MADE IN KOREA)
After cooking his breakfast in his new electric skillet
(MADE IN INDIA)
he sat down with his calculator
(MADE IN MEXICO)
to see how much he could spend today. After setting his watch
(MADE IN TAIWAN )
to the radio
(MADE IN INDIA )
he got in his car
(MADE IN GERMANY )
filled it with GAS
(from Saudi Arabia )
and continued his search for a good paying AMERICAN JOB.
At the end of yet another discouraging and fruitless day checking his computer
(MADE IN MALAYSIA ),
John decided to relax for a while. He put on his sandals
(MADE IN BRAZIL ),
poured himself a glass of wine
(MADE IN FRANCE )
and turned on his TV
(MADE IN INDONESIA ),
and then wondered why he can’t find a good paying job
in AMERICA AND NOW HE’S HOPING HE CAN GET HELP FROM A PRESIDENT MADE IN KENYA
