Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,231
18%  
Woo hoo!! And we're now over 18%!! Thank you all very much!! God bless.

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  • America Has Lost The Trade War With China, And The Real Pain Has Yet To Begin

    07/25/2021 2:19:37 PM PDT · by blam · 56 replies
    Of Two Minds ^ | 7-25-2021 | Charles Hugh Smith
    Corporate America sacrificed national interests in service of greed, and so did the U.S. government. As we all know, the source of Corporate America’s unprecedented explosion in profits in the 21st century is the offshoring of manufacturing to China. If you doubt this, please study the chart below of corporate profits. Apologists claim many excuses in an attempt to evade the central role of offshoring production to China, but they all ring hollow: no, it wasn’t increasing productivity or automation or Federal Reserve magic, it was shipping production to China and other low-labor-cost nations. Whether we like to admit it...