China is at war with us. They are winning the economic war and now engaging in technological warfare. This is a bloodless (so far) 21st century war. Our government fails to acknowledge the fact and fight back no doubt because the government is catering to the economic interests of the multinational corporation and Wall Street banks instead of the long term interests of the nation. As a result, the big money that today benefits from the China trade is being protected while the nation’s manufacturing infrastructure is gored. We see the consequences in the loss of 20 million manufacturing jobs over the past decade, jobs we desperately need today.
The way to fight an economic war is to respond in a way that will hurt the attacker. Place a 30% tariff on all Chinese imports today. Within a year it will kill their export machine and bring them to their knees without firing a shot.
Yep. Do you think Obama is aware of this...or cares?