The point is, American workers can't compete with Red China's slave labor pool. As long as they remain Communist, they will always be able to produce products cheaper (a la Command Economy) than the USA. Buying products from Red China results in a net transfer of our wealth in exchange for cheaper products. They then recycle their profits into low-yield US debt instruments (and thereby contributing to our bubble economy...the most recent bubble being the housing market). But that's not the end of the story. We still have to pay those debts back, which will be on top of whatever new debt we accumulate as a result of the Current Account/Budget deficits.
The point is, American workers can't compete with Red China's slave labor poolMajor red herring alert, and you are incorrect. Many studies have shown, over and over, the higher productive gains made through incentive and motivation -- far surpassing any "slave labor".
Why do private schools outperform public ed schools? One can stretch the anology that in pub ed schools students are forced into these against their will, and that the labor pool markets to the lowest common demoninator, in order to preserve costs, to teach at public schools.
The free market will outperform the "slave" markets, every time over the span.