ddd75":3rirm4ct said:
we have completely built china from a 3rd world crap country to a superpower.. all with buying the junk they produce..
We can't keep growing these countries and making ours weaker. As soon as we are weak, they are going to team up and screw us over. you can bet the farm on that.
First, China had some role in becoming a World Power. They are very industrious, intelligent people.
Second, we didn't build them out of the goodness of our heart. Give them credit, we cannot compete with them on a manufacturing basis. I will say this - some of their products STINKS the place up. All the Bushhog Rotary Cutters now have Chinese gear boxes. They only last half as long as the old gear boxes. The Bushhog dealer actually told me that. Problem is - China is making all the gear boxes for almost everything now.
Third, don't hold your breath. I hope the new policies work but in this new age, there is more to our trade problems than the rhetoric suggests. IMO - government cannot fix world economics. I support attempts to facilitate fair trade but the foundation economics cannot be changed by government in a capitalist society. In fact, that is what is fundamental to CAPITALISM- the government does not control it.