Quote Originally Posted by waynecrider View Post
In my own job I stress the the difference between this product being American made and costing a little more and that same specification product being Chinese produced and costing less. I am happy to remark that many will buy the American made product when it is promoted to support American jobs, and many of those buying it are people who have fought in our war's from Vietnam to present day. Those who buy the Chinese made product are generally those not born in the U.S. or where there is no onshore American made product.
And now the Chinese own 12 trillion dollars worth of assets in the United States. Even though we manufacture more than most other countries out there, the trouble isn't where the stuff is made, but who owns the companies that make the product, and our buying habits and demand for lower prices (as consumers) has driven this development.
Corporations don't care, because they are global. Again, the consumers that were raised to support this massive joke are the ones that will bear the burden when the $hit hits the fan.
They have such a stronghold on the American economy (by threatening to dump their holdings in US securities) that the government almost have to bend to their will. That is the real trouble.