It is the businesses that are moving these factories and jobs overseas, of their own free will.
These companies have no loyalty to the American worker or the U.S.A., but they expect us to bail them out, pay all the taxes, and to fight and die in wars to protect their interests.
Secondly, I have not seen any effort by politicians, of either stripe, to impose sanctions on these companies. But we continue to buy merchandise without reading the labels or caring about where it is made. Yes it is cheaper up front, but over the long term it hurts our families and kid’s future. Less tax revenue means less money to spend on teachers, firemen, policemen, county employees, hospitals, and all the things we expect from living in our country.
Think about this, your choice will affect our city, our state, our county and our children.
Sincerely,
Timothy Ryan Davis
Very frequently Americans ignore the fact that our purchases of cheap goods have fueled China's economic boom. They additionally have overlooked the concern that part of that money earned from Americans has been used to buy American debt, further pushing our economy into a dependence on China's goodwill and a fearfulness that merely "calling" in the debt can cause additional detriment to our fragile recovery. We are on shaky ground if anyone continues to believe that our economic dependence on China does not or cannot affect our public and foreign policy initiatives.
As the Chinese economy has expanded, their energy requirements have also exploded, thus driving up demands on the international oil market as they have competed for available oil resources. This has in turn increased costs to our own economy and gasoline prices to increase.
Another fallout issue is that the political influence of the Chinese regime throughout the world is being financed by American dollars. By purchasing their goods we are indirectly supporting their expansionist competitive aims.
We are proud that we have never defaulted on our national debt. We are proud that our economy has always survived intact in spite of the worlds excursions into madness. However, that pride does not shield us from a legitimate concern that China will use their power over our economy in a manner that will further their own national policies.
Does anyone really believe that at some time in the future, when we, as a debtor nation, will not be unduly influenced by the Chinese or that they would not use the threat against our economy in support of their own aims?
Entrepreneurial capitalism has proven itself to be the best model for a nations economic vitality. Unfortunately, when coupled with a spend happy Federal government and American companies which have forgotten their origins and that their initial success is based on the support of Americans, we have only done it to ourselves.
Capitalism, when married to sound fiscal policy is the engine that every other successful economy has been based upon. All other models have been tested and have failed. We have somehow been patronizingly conditioned to believe that cheap goods are preferable to quality items that can be produced here and which gives a fellow citizen a job.
Dean Freeman