Rational Nation USA

Rational Nation U S A Purveyor of Truth Just like on so many other issues Donald J. Trump is wrong on China and trade. In fairness, both Hillary Rodham Clinton and Bernie Sanders are wrong as well. The New Yorker , with links to verifiable data shows us just how wrong they all are. Not long ago, a video mocking Donald Trump’s obsession with China was posted on YouTube , a mashup splicing together some two hundred and fifty instances in which he has said “China” during his speeches. The context of his remarks on the subject, inexorably, is this: “They’re stealing our jobs; they’re beating us in everything; they’re winning, we’re losing.” These sentiments have struck a chord with many struggling Americans, particularly those in the unemployed and underemployed working class. The message has resonated so well, in fact, that other Presidential candidates have felt compelled to demonstrate a properly high level of indignation toward China’s economic prowess. Marco Rubio and Hillar...

“The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all”. -- Joan Robinson, Cambridge Economist “Are the American People Obsolete?” Michael Lind in Salon Magazine asks, “ Are the American People Obsolete? ” It’s an interesting question. The offshoring of industrial production means that many American investors and corporate managers no longer need an American workforce in order to prosper. They can enjoy their stream of profits from factories in China while shutting down factories in the U.S. He raises some legitimate concerns about globalism, but he comes unglued talking about “privatized armies” and America’s elite “shutting down every factory in the United States.” Despite such broad brush hysterics, I still recommend my conservative and libertarian friends read it all to see the world through the eyes of the fevered left.  As a bonus, this economic naif unwittingly answered his own worries about labor, wages...