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To: MrB

While we have that problem too (socialism), our insane trade policy predates it. Things (trade imbalance) got really bad as a result of some kind of a deal our leaders made with Communist China back during the first Bush administration. While I don’t know the details of the “deal” the results are devastating to American workers and small business. Now Big Business, and the super rich appear to be the primary benefactors of moving just about all our movable jobs off shore. Germany is doing just fine keeping it’s jobs in Germany.


20 posted on 09/20/2011 7:31:19 AM PDT by jpsb
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To: jpsb

Are you thinking of Bill Clinton’s awarding Most Favored Nation status to china? BTW, it was worse than that, he allowed 2% duty on imports from China, and allowed them to impose 40% duty on Chinese imports from the U.S.


21 posted on 09/20/2011 7:42:58 AM PDT by Jack of all Trades (Hold your face to the light, even though for the moment you do not see.)
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To: jpsb
Germany is doing just fine keeping it’s jobs in Germany.

That's a useful example. Germany's corporate tax rate is about 25%, and their education system produces excellent technicians.

Also: their Government doesn't seem to spend its time selectively punishing Siemens or Thyssen-Krupp for not making the right campaign contributions. Plus I don't think they have to use ethanol in their cars (though admittedly I don't know that for sure).

But elect a Conservative President and House, and you guys will leave Germany in the dust.

24 posted on 09/20/2011 8:03:53 AM PDT by agere_contra ("Debt is the foundation of destruction" : Sarah Palin.)
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