Responding to an article on China.
I would like to conclude from my perspective (either right or wrong to you).
We have to give up the sectors we cannot possibly compete in such as
manufacturing to low-wage countries. Do not blame China as some
countries even have far, lower wages.
* Free trade works if every participant plays it fairly.
The politicians' objective is to buy vote, not for the good of the
country in the long term. When 50% of adults do not work and 40% do not
pay Federal income tax, the politicians will side with them. Trump's 45%
tariff will be a disaster to ALL countries.
make us competitive in other sectors, we need to invest in
infrastructure, research... To finance them, we need not wasting in
unproductive projects such as wars and the reckless foreign donations.
Being number 1 is in the mind of our leaders, not the common citizens
who want to have a good living standard and a good job. I hate to see
our youths returned in body bags while they should enjoy the best of
their lives. If we send the children of our leaders to the front line,
we will not have any war.