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by lotsofpulp
3251 days ago
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China has a fifth of the world's population, they would not be affected by sanctions and tariffs. The power balance is shifting in their favor, and they know they can't be replaced by any other 3rd world country with cheap labor, there is tremendous value from the network effects Chinese production facilities have. The USA effectively has a competitor now, and US politicians can talk all they want, but the fact that they have done nothing so far shows that they can do nothing at all. |
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It would probably help if the US had kept it's once excellent education system, instead the anti-tax know nothings have refused to invest in their future.
Really it's time to tax the rich the way they did in the 50s and make all that infrastructure stuff work again.
Want to make America great again? get Trump and his rentier class to pay their taxes, in the US and fund a smarter next generation