To The Chinese
They own us. We borrow too much from them to fight our wars of "choice." Another reason not to appropriate another doomed "surge."
This has disasterous consequences on American competitiveness. The Chinese don't abide by the WTO rules. They pay lipservice only to the trade agreements that they break with impunity and without serious consequence. They hold too much market power for industries seeking a foothold there or use of cheap labor with factories there. They boldly misappropriate intellectual property, they flood the market with cheap goods. They manipulate their currency.
If your brother-in -law is out of work and your sister is sleeping at your house BUY AMERICAN. If you Buy American products, that means more Americans are going to find jobs.
Seems too simple to believe, but true.
This has tilted the justice corporations can find prosecuting violations at the ITC.
The ITC has to be statutorily restructured.
This can be easily done- the hard part is insulating it from any governmental pressure to do the Chinese favors.
The first step has to be to stop borrowing from China, stop selling them T bills or government bonds. Maybe then we can trade with them on a fair level playing field and they will stop acting like a bunch of communists.
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