Lou Dobbs wrote a piece on China and our economy that I totally agree with. In part, he wrote,
"The fault lies entirely with the U.S. government, our lack of strategy and our failed policies. This administration and U.S. multinational corporations have lost sight of the national interest. This administration and the Republican-led Congress have permitted the dismantling of America's manufacturing base and created a dependency on China for our clothing, computers, consumer electronics and a host of other products that is greater than our dependency on foreign oil.
Make no mistake: Our leaders are the fools, and China's leaders are not to be blamed for taking advantage of this administration's commitment to faith-based economic theories and so-called free trade that permits the Chinese access to the world's richest consumer market while China denies our businesses access to its emerging market.
Click here for the whole editorial
1 Comments:
I totally agree with the editorial except for this part: "This administration and the Republican-led Congress have permitted the dismantling of America's manufacturing base and created a dependency on China"
it's not just the republicans, it's the democrats too. it is time for us to start electing members of a 3rd party ... BOTH the democrats and the republicans have totally failed us, not just with respect to policies on China, but in all critical policies (example: check out how members of the senate voted over the past several years to continue funding the war ... the votes have been on the order of 100 to 0, 99 to 0, or 98 to 0 in favor of passing the annual war funding bills; if the democrats really want to stop Bush's war, why do ALL of the democratic senators continue to vote for increased funding eash year). BOTH parties are failing us on critical issues ... time for us to really consider 3rd party candidates.
---allen
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