Originally posted by lazs2
Yep... at this rate... in less than a few more hundred years we will be as destitute and bitter as any your-0-peeean country.
Is it too late to bow to a king or something?
lazs
I need new glasses. First time I read that line I thought it said '..too late to blow a king?..'
While it might be that the time frame for our economic implosion may be outside our lifespans, I tend to regard the loss of 2.2 million middle class american jobs to the asian trade deficit in the last 5 years to be worth noting as nothing less than 'a ****ing sellout' by Congress and the administration.
I firmly believe that the entire asian mess can be solved quite quickly with some testicle fortitude by Congress.
1. Seize Chinese assets in the U.S.
2. tear up the current trade tarrif program with China, ban chinese imports.
3. Inform China that resuming trade and return of thier assets will occur 15 minutes after they solve the North Korean nuke problem. It's their monkey, they can deal with it.
4. Re-institute trade with China using a simple 'balanced tarrif' program. We bang thier goods with tarrifs at exactly the same rates they bang our products with.
Problem solved.
