Wednesday, December 21, 2011

Made in China

How long has it been since you heard someone complain, "Everything is made in China. Greedy businessmen are sending all our jobs to China. That's why there's so much unemployment." Five minutes? Ten minutes?

The facts are that Chinese goods account for 2.7 percent of U.S. personal consumption expenditures.
Like the Jews in the Third Reich, the Chinese have become the whipping boy for all our problems. It helps to turn our attention away from a Senate that hasn't passed a budget in three years and can't even tell American business what payroll taxes will be two weeks from now. 

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