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Wal-Mart Stores Inc. CEO Mike Duke embarrassingly evasive about their relationship with
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Communist China and their China trade into the USA. Why?? Ashamed??
(Editorial Opinion: If Walmart could import ALL food from Communist China cheaper they would without hesitation if they could convince Americans to eat it.)
Gordon B. Hanson Ph.D. |
MIT study proves "China trade" is a major negative social cost to USA!!
Professor Hanson's recent research study referenced below was conducted in collaboration with David H. Autor, MIT and NBER, and David Dorn, CEMFI and IZA, and clearly states that increases in negative social costs to the USA can be directly attributed to America's increased uncontrolled trading with Communist China. The study further indicated that professed financial benefits claimed by those importing from China (ex: Walmart) are cancelled out by those increases in negative social costs and therefore China trade is simply bad for American society. The China Syndrome: Local Labor Market Effects of Import Competition in the United States. |
China's representative says keep quiet and "Don't make it political" ... and Geithner and Rose just let it pass as if the guy is making perfect sense. I'm no xenophobe .. but there sat the representative of evil .... and they kissed his ass on national TV. To learn of China's Wang Qishan click here!
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