The phenomenon largely began with China and regardless of presumed Chinese wage growth, which is actually more attributable to an uptick in exchange rate of the Renminbi in a nod to those complainig about the peg, China remains symbolic of the severe economic pressure to which the American lower and middle classes have been subjected for two decades.
Some are more concerned with Americans than Chinese, just as some are more concerned with Chinese than Americans, although Americans who are concerned over the economic well-being of Americans are derided, with individuals attempting to speak to their own self interest termed nativist xenophobes and worse, while Chinese doing the same are not.
This does not change the basic facts, however. Impoverishing a market while wrangling over access to that market and being dependent upon it is so stupid as to be irrational, for all involved.
Look this is the next big battle.
China is now the world’s predominant exporter. America is number two.
China is growing at 7%.
We are doing nothing.
We must stop this, and find a way to turn this around. Or we are finished.
Bring back AMERICAN jobs. Now.