The New Land Of Opportunity

President Bush has just made the statement that American business should not consider China as a "Competitor", but as a place of "opportunity".

I find that statement mind-boggling, and so should you.

The Chinese government has erected huge trade barriers and is not allowing more than the smallest trickle of American goods to be sold in China, so the only realistic way that American businesses can see China as a "opportunity" is to send their manufacturing requirements there as a cost-saving strategy, reducing the cost of business and thus increasing profits.

Reduce costs and increase profits? Well, gee whiz there Batman, that sounds good...

What happens when an American business goes to China with their product needs? They do indeed reduce the cost to produce whatever products they were manufacturing... by eliminating all those pesky "high-priced" American workers with dirt cheap Chinese laborers.

Less floor space is required for things like machinery and workers, sorta like none. Energy costs plummet. Warehousing and delivery challenges solved. All they now need is a few power-point professionals to chart the profits.

Good for the business owners. Good for the stock holders. Unmitigated disaster for the American workers tossed out into the street when their job is eliminated forever.

An American business that has exported it's manufacturing operations to China is no longer an American business, it's just another Chinese business... with an American outlet.

So who is Bush (and congress) supporting with this Free-trade, open border stuff? Business owners and stock holders... period.

Atta way, Bush!