[unspun]

brief scan at first w/ big bump

[Chi-townChief]

This is the same BS that we've been hearing since the 80s when the trade deficit was used as a political bludgeon against Presidents Reagan and Bush I. I've been in manufacturing in one form or another for 30 years now and barely a day has gone by where I haven't been concerned about job loss (very bad choice of career on my part.)

And the reality is that American manufacturing has been exported for at least the last 45 years. When we were kids in the 60s, it was sold to us as a good thing because it would help rid us of the "baddddd" air and water pollution and, besides, we had better things to do with our time.

A lot of these "experts" such as the author of this piece (who does make quite a few excellent points) are looking for a quick fix to shut the barn door years after the horses have run out.

I could go on and on about this but time doesn't permit right now.

[TheRightGuy]

Hate to say it, but The China Fund (CHN) has been the best performer in portfolio since first of the year.