| Hi Albion, here's my thinking... Chinese and Asian-made product are everywhere in American stores. And it's not limited to Dollar Stores. Every major retailer you can name is sourcing from Asia. But if you eliminate low cost sourcing, then 50% of stores in America would close forever because the stores could not afford to hire the workers walking the aisles. So there's a trade-off, I think. The answer, I think, is to enable American manufactured goods to be sold in China -- that's what's being blocked today by currency manipulation and America issuing more bonds (debt) that the Chinese are buying. That's what needs to stop, and that's the focus of Trump's policy I think. IMO, there no clear cut answers to trade problems. But clearly, our policy today does not promote JOBS. 90 million people are out of the workforce. Longer term, the only hope for American jobs is entrepreneurs who create local jobs. The Fortune 500 are globalists. You can put pressure on them to keep jobs in USA, but that won't be effective forever. We need to eliminate the regulations (like the job killing Obama Care) to enable entrepreneurs to create jobs and prosperity for all. So that's one guy's opinion. |
I think Trump will be all over these problems!