So how many cars does China manufacture compared to say, Ford or GM?How many aircraft do they build compared to Boeing, Gulf Stream, Cessna, Lockheed, and Beechcraft?
How many satelites do they launch? How many shuttles? How many miles of highway have they built? How many inner-coastal canals?
The sum, yes the SUM total of all American imports AND exports is only 15% of our economy.
You can cry that the sky is falling and that everyone is going to be speaking Spanish and Mandarin tomorrow, but the plain, cold, hard reality of truth is that all of your fuss is about 15% of our entire GDP.
Ooooh, the trinkets at Wal-Mart are made in China. Oh no, the sky is falling!
Call me when China writes its first decent Operating System and when Mexico outsells Oracle for database software.
Call me when the combined planet manages to makes as many CPUs as Motorola or Intel or even AMD.
Call me when some other country makes as many DSPs as TI, or makes as many movies as unionized Hollywood.
Call me when someone else figures out how to makes as many high-tech military arms as the U.S.
Call me when some other country manages to land on the Moon, something that we did over 3 decades ago.
In fact, the U.S. has more advanced technology retired away in our museums (e.g. atomics, astronautics, aircraft, computers) than most countries can field in their frontline companies and military units.
Medicine? Call me when China or Mexico starts beating Merk to the market with new cures for what ails us.
Agriculture? Call me when any other group of nations manages to feed the rest of the world with their surplus.
On second thought, don't call me at all. I'm tired of hearing your "Sky is falling" cry as if the import of a few Billion Dollars worth of trinkets was even significant to an $11 Trillion per year GDP.
I'm tired of hearing that since all of the under $50 trinkets at Wal-Mart are made in China that suddenly our whole culture is about to collapse.
NEWSFLASH: over half of all Chinese companies are running year on year losses, and Chinese banks are requiring MASSIVE cash infusions from China's government in order to delay their inevitable banking collapse due to the high default rates on their loans to bad companies.