Why Is The U.S. So Ridiculously Dependent On China?
https://www.forbes.com/sites/kenrapoza/2020/04/30/...
Apr 30, 2020 · Take pharmaceuticals for example. Over 70% of active pharmaceutical ingredients used in the U.S. market are produced overseas. Almost all …
When reading Forbes, always remember, it is majority owned by the communist party of China. You might as well be readying the Mao Gazette, or the Peking Times Herald.
Why Is The U.S. So Ridiculously Dependent On China?
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Three of those reasons are onerous regulations, extreme environmental laws, followed closely by heavy taxation. NIMBY also plays a big role.
A new and rising factor is the lack of a large trained labor force, a labor force that demands a ‘living wage’ for entry level positions, forcing many small business (which large corporations depend on for the items that are not profitable for them to produce) to shut down or scale back plans because they cannot pay the high labor costs for low end labor.
Why Is The U.S. So Ridiculously Dependent On China?
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There’s a “bottom line” answer to that question. Since at least the beginning of the conflict in Vietnam the vast majority of people who have been elected to ensure the security of our country above all else have ignored that primary obligation and focused instead on self-aggrandizement above all else. That is why President Trump’s resolve to put America FIRST above all else generated such enormous hostility among the vast majority of movers and shakers throughout the Federal Government.
“Free trade.” Greedy corporatists who would sell their own country out in a second for a buck caused this. Trump had the right approach: You want to move your operations offshore? Fine, but you’ll pay a steep price then to try to sell those products back into the U.S. consumer market.
And any company that moves its manufacturing to what is in all respects an enemy country should completely lose access to our market. Can anyone imagine nearly every product we used, including key components of our pharmaceuticals and military hardware, being manufactured exclusively in Nazi Germany in, let’s say, 1939?