China is quietly spending valuable time and money building an empire while the US spends its time and money destroying countries, having glitzy parties, and complaining. And yet, we still decry – NO FAIR – and vie to slow down China! Hmmm.
China’s President Xi Jinping has historic meetings with David Cameron, Zuckerberg, US billionaires, Taiwan President, Francois Hollande, he visits Seattle, Saudi Arabia, Iran, Switzerland, Prague, Japan, Djibouti, Egypt, Venezuela, Australia, etc… all within the last 18 months. All for one purpose – to sign lucrative business contracts and thus expand China’s economy.
While President Obama has traveled to Paris for the Climate Summit, as well as Kenya and Turkey and the Philippines – his trips were simply to talk to them and tell them how their governments needed to be ‘better’, needed to adhere to climate standards and stop all that nasty corruption stuff. No contracts. No business. No expansion – just a gnarly finger chastising like a bully father to his son. He visited factories and schools talking about gun control and free education and Black rights, and of course there were all the Democrat fundraising events…yawn.
But no business and no contracts and no expansion of the US economy. There were no deals made, no bringing business into the US, no resolved tax structures, just an ever increasing Offshore Investment strategy to further the demise of the US economy…
Politicians love to commiserate over the inequality of China’s trade, citing such affirmative stances as ‘Unfair’, and ‘We need to…’ – but in reality the backdoor dealings recognize China is where the money is and therefore – China is making leaps and bounds.
When running for President, Romney routinely demonized the unfair advantage China has taken in business – but when he was called out for his own investment in Chinese firms, his response was to lash out at Obama and ask him to be transparent about his! In fact, he called out Obama for having ownership in a Cayman Island Trust – as in Offshore. As in oops. As in – How Quickly We Forget…
How quickly we forget: in 2013 it was reported that Obama’s nominees Michael Froman economic advisor to US Trade, Penny Pritzker Secretary of Commerce, and Jack Lew Secretary of Treasury – ALL had offshore accounts in the Caymans. Did they have any legal consequence? Nah. Ethical consequences? Nah.
The reality is this:
China now has more billionaires than the US.
China’s economy determines the global economy.
China is expected to invest $30 billion in the US for 2016 alone.
China’s growth rate for 2015 was 6.9% – despite catastrophic claims by our media.
Chinese exports are surging while imports are dropping. Trade surplus as of March was $30 billion.
The Great and Powerful US?
We have a trade “deficit” – over $34 billion and a 2015 growth rate of 2.4%. Maybe we need to focus our concerns back where they should be – US.
In locating the US companies doing business in China – as in having their manufacturing plants there, the list was so long that getting through the A’s was tedious and included heavy weights like AT&T, Abbot Labs, AIG Financial, and Audi Motors. Companies go there because they are given tax advantages, and incentives.
There have been Chinese manufacturing plants in the US as well, but they are not fairing as well. Why? Because the Chinese believe that employees should actually take direction from management and supervisors – apparently a concept no longer recognized in the US. Instead, they find American workers unable to take direction, unable to follow rules, and lacking in that age old notion ‘respect’. As a result, the Chinese are turning more toward buyouts and real estate investments – as in the purchase of the Waldorf Astoria in Manhattan. These investments don’t create jobs, they simply re-distribute US assets.
By contrast, US companies are complaining about their businesses in China because labor prices are increasing, there is a shortage of labor – as in everyone is working, competition with Chinese companies – as in ‘I wanted a monopoly’, and less corruption – as in “I can’t buy the government’.
What this reveals? Our system is broken.
Instead of raising money for elections, maybe our president should raise more investment.
Instead of talking to schools about our failures, maybe our president should hit the global highway and create success.
Instead of talking about the poor black slaves, maybe our president should address the black crime rate statistics and work to ‘change’ that statistic.
Instead of demonizing countries, maybe our president should embrace trade pacts and contracts. Instead of allowing for the rampant fraud and corruption within the government and all it’s institutions, maybe our president should look to how China has cracked the whip –
Instead of attending glitzy Hollywood events, doing selfies, and forging on lavish vacations, at the taxpayers expense, maybe our president could actually conduct – business – for The People and By The People.