Chinese currency is overvalued? Call your buddy Geithner, get your facts straight and try it again. Of course you have also quoted articles that say it is overvalued. You can count the jobs lost to China but were is your accounting of jobs created because of trade with China?
Yes the average US citizen has a SOL much higher, incredibly higher, than the average Chinese.
“So if we stop importing from China we can create manufacturing jobs in the U.S.”
“We” do not create anything. “We” are not being stolen from by the Chinese. When it comes to business and job creation the job creators are individuals and it is they who are stolen from. Maybe in a collective utopia ‘we” do all this. But for now individuals create jobs and thy do so in pursuit of their own interest. Our government has created huge hurdles against investment and job creation. Simply making china the bogey man will not work.
How do you propose to “bring back” all that iron and steel making capacity? Where will you get the money from? The reasons it left have now been added to and multiplied. Have you seen what it takes to build a new steel plant, coke ovens, refinery, or electric plant in this country? We get a few things now and then when our government grants special privileges and is granted the proper obeisance but our manufacturing is leaving and its not because of the Chinese.
Did you read the article? Do you see how small a percentage Chinese imports are in our economy? Are you going to ban trade everywhere to keep what we ban from going to other countries? Yes China steals and it is up to individual and the companies they own to decide if doing business with China is worth it or not. Why does Apple keep doing business in China? GM? GE?
I guess banning imports means no more imported oil so our oil prices will skyrocket, no more imported wood...oops their goes housing prices, we import most of our rare earth metals so their goes high tech manufacturing. But gee at least we can get back all of those jobs assembling furniture and painting cheap plastic figurines.
Of course we have effectively banned sugar imports. How has that worked out? Glad you saved a few jobs for the wealthy sugar growers so that we could decimate the far more valuable candy making industry?
Are you serious about debt? Its our government driving up debt with reckless spending and its the same government you wish to put in charge of eliminating all imports?
Individuals in the U.S can produce anything , the natural resources, land , labor etc. are endless in the U.S. and Alaska. We don't need to trade with a pirate named China that is destroying our manufacturing.
I'm for free markets, very few laws and very little government. However I'm for some government and some laws. And 2 laws that I am for is banning illegals and foreign manufactured products. Are you for allowing 2 billion people to come to the U.S. so that the government is not given that function of keeping them out?
We have to have some laws, private property laws, laws that protect intellectual property, laws that protect our individual rights etc. I'm for as much freedom and as little government as possible.
I think you are confusing stopping China who is in a trade war against the U.S. with growing government and loss of freedom which it is not. In a war government action is needed. And this is a serious war, in a way that Islam is waging a one way war against the U.S.A. so is China and other countries waging a one way economic war and a trade war against the U.S.A.
Plus we don't need huge government to ban China products. Just a simple law will do and random enforcement.Most businesses will comply with the law as most businesses comply with the millions of regulations they already do .But to me I agree with you that the millions of pages of regulations we have now are not needed and are damaging businesses and our country. But we do need the trade laws. I'm not sure but I'm sure there are currency laws etc. Are you advocating a lawless collection of individuals on this continent with no government. well we need some government and some laws like laws that protect the country against what, yes foreigners, like China militarily attacking the U.S. . most people would agree on that. but what most people don't see is that China is attacking the U.S. just that they are doing it by economic means and trade. It's still a war.
There is the rub: We can't have anarchy and no government , no laws . But we do need a minimal amount of laws and deciding on which ones are needed is where the rub is. Why can't we go back in time to 1890 and just use those laws. You are forgetting that Clinton created a huge new law the China free trad deal that is what is causing all these problems: And government is administering this Clinton law now.
If we made all those 400 billion worth of products here in the U.S.A. we would have a lot of our manufacturing base back.
I'm for a very limited government . But we need some government like a military and border enforcement.Notice that this government is charged with keeping foreign things out, foreign invaders ( an army) , and forging immigrants, and so there should be a law to keep out foreign manufactured products. People just don't realize how necessary manufacturing is to have good living standards , jobs and opportunity. I'm for the government almost completely leaving us and U.S. businesses alone except to enforce them not importing from other countries.
Are you for private property laws? Are you for laws against murder, illegal immigration, theft, assault, invasion of personal space? are you for a military, and keeping illegals out (border patrol?those I am for and are needed. a few others to but I'm not for big government. But I am for some government which I listed in this post . Just what government are you for?