Wednesday, September 21, 2011

Daily quickie...



"...Since 2001, when China was admitted to the World Trade Organization, the growing trade deficit between the U.S. and China has cost America 2.8 million jobs, mostly in manufacturing, according to a study from the Economic Policy Institute released yesterday. More than 40 percent of the $194 billion increase in the trade deficit between the U.S. and China was due to imports of Chinese-manufactured computer and electronic parts..." - TheDaily 

We need to stop outsourcing all of our manufacturing jobs to China. I understand the reduction in cost, however the overall effect on our economy is drastic.

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