It was a Bush-led Republican Party that voted to throw open Americas markets to China. Result: In the last two years, China ran up $630 billion in trade surpluses at our expense, a figure larger than the entire U.S. defense budget for 2015. Our trade deficits with China provide her annually with enough dollars to finance her own defense budget twice over. Twenty years of such U.S. trade deficits have given the Middle Kingdom the trillions it needed to build the armed forces to drive us out of East Asia. Are U.S. sailors and Marines now to die defending the Senkakus against a menacing China that the Bush free traders helped mightily to create? If Sen. Rubio wants to stand up to China, why not call for a 50 percent tariff on all Chinese-made goods. Try that one out on the K Street bundlers and U.S. Chamber of Commerce.
Posted on: Thu, 13 Mar 2014 03:59:06 +0000
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