Congratulations corporate America! In your greedy quest to squeeze even more profits from lower labor costs via outsourcing, you have made China an economic superpower at the expense of American taxpayers who funded your betrayal with generous tax credits, not earned, but gifted to you by President Bush. And you managed to pull off this incredible feat in less than two decades! Now while more than 35,000,000 Chinese are driving Mercedes, BMW, and Porsches, Americans everywhere are juggling bills just to stay afloat. First, it was the textile industry, then shoes, steel, and now even our auto industry is at risk of collapse. This economic suicide must stop before even our college graduates are working at Wal-Mart.
Congress needs to legislate a $500 trade tariff on every imported car payable not by American buyers, but by the exporter. That $500 should then be divided and paid out equally to the top five American car manufactures to bolster the pension plans and benefits of Americans. They also need to pass legislation that would require a mandatory trade balance from every country that profits from American consumers. So if for example, Sony exports $300 million of products to America, they would have to purchase $300 million of American made goods or services. The Bush administration has allowed middle-class America to be raped economically by foreigners to appease and enrich his wealthy voter base.
Laws should also be passed that require every store in America to maintain an inventory that has a minimum 20% of products made in America so we the people at least have a choice to make a patriotic purchase, even if it may cost a few dollars more. If not for Ford Motor Company we’d still be riding bicycles and there would be no Toyotas, BMWs, or Hondas. I believe we owe them some loyal allegiance as Americans especially since they produce more energy efficient vehicles than any foreign brand. Only by buying American again can we revive and recover a robust economy for every American and not just wealthy.
It’s time to share the wealth my friends, and with a new House and Senate majority we should be nagging them daily to turn the economic tables back in our favor, or at the very least, provide Americans a level playing field. All those tax breaks given to the wealthiest Americans could have paid for universal healthcare for every American. 20% of Americans should not be allowed to prosper off the back of the 80% majority and that has been the status quo with the Bush administration. Tax breaks should go to the folks who need and deserve them the most, not those who can afford to buy them with campaign contributions. Can anyone honestly disagree with a straight face?
Bruce is a native of Parma,Ohio holds degrees in business administration, political science,& public administration. He's a veteran and former Fortune 500 executive. He is currently employed as an international business consultant and is the founder of Veteran Organ Donors International.
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