So screw China, and the US will go it alone. No more cheap teeshirts from China at Walmart, and no more cheap medicine so Grandmom can afford to stay alive.
That will make China mad, and she will then call in all her US bonds, causing the US to go into default, and voila, China will be king of the world (at least until her one child policy wrecks things).
Yes, after all, opting out of the global economy worked so well for North Korea and Zimbabwe.
Of course, if you got rid of some of the red tape from regulations that is strangling business it might help. This report from the US government says that regulations cost businesses $5000 for each employee they hire, ($7000 for smaller businesses). And the dirty little secret is that higher priced Japanese and US goods do sell on the global marketplace, because they usually are good quality and worth the increased price in the long run.
That will make China mad, and she will then call in all her US bonds, causing the US to go into default, and voila, China will be king of the world (at least until her one child policy wrecks things).
Yes, after all, opting out of the global economy worked so well for North Korea and Zimbabwe.
Of course, if you got rid of some of the red tape from regulations that is strangling business it might help. This report from the US government says that regulations cost businesses $5000 for each employee they hire, ($7000 for smaller businesses). And the dirty little secret is that higher priced Japanese and US goods do sell on the global marketplace, because they usually are good quality and worth the increased price in the long run.
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