I found this article by Howard Richman outstanding as it identifies many of the U.S. trade problems with China. If you refer to the Seeking Alpha website, you will find a wide variety of outstanding articles relating to the U.S current trade policy. Below is an excerpt. I encourage you to [...]
Several of our last few posts have been about the growing trade deficit with China and Japan. Both countries apply Mercantile trade policies which encourage exports and discourage imports to their countries.
While the United States sticks to its free trade policies, China, Japan and other Asian countries use Mercantile practices that [...]
China and Japan are destroying American manufacturing. The World Trade Organization WTO has rules about international trading that attempt to make free trade fair. Those rules prohibit many of the practices which are commonly used by China and Japan. For example, China’s currency is undervalued by 20% to 50%. Both countries [...]
Almost everyone is aware of the fiscal mess our politicians have created. The staggering amounts of debt we currently have plus the unfunded liabilities we have developed in our social programs are difficult to comprehend. Paul Ryan is a congressman from Wisconsin who has developed a plan which will stabilize our [...]
This is America: Great American Photos
Remember all the men and women who have served and are serving at this time so that we can have the freedom we are so lucky to enjoy.
Three Carrier Groups and Boeing 797 – A New Way To Fly
The plane in these pictures is still officially the ‘Air Vehicle [...]
This question is too easy! Answer: China
When you look at the balance of trade with China, they are clobbering the U.S. The number of manufacturing firms who have left the U.S. over the last decade is over 26,000, and the estimated number of jobs lost is estimated at 500,000 a year.
Where did [...]
The Economic Policy Institute has estimated that between 512,000 and 566,000 jobs in 2010 will be displaced due to the growing China trade deficits. Their September 20, 2010 article states, “Since China entered the World trade Organization (WTO) in 2001, the United States has lost 5.5 million manufacturing jobs and more than [...]
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