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RE: We cannot have what we are currently building up in China, as the biggest system in the world.

The solution lies HERE in the USA.

STOP THE WILD SPENDING, THAT WILL PREVENT MORE DEBT, which will mean we don’t need to borrow as much from China.

But that’s FISCAL policy.

Jobs in the USA?

INCENTIVES for businesses to expand HERE in the USA. Learn the lesson from businesses moving OUT of Illinois and California into friendlier climes like Texas.

I prefer INCENTIVES instead of coercion (e.g., TAX the hell out of products coming to the US which will only result in higher prices for consumers ).

So, the first thing to ask is this — Why are companies moving their HQ OVERSEAS? Why are Apple, Microsoft, Pfizer and a whole heap of other large companies reorganizing and establishing HQ’s in Ireland, the UK and other places?

The answer is simple — TAX ADVANTAGES. We have the HIGHEST corporate tax in the world.

Why would a business want to expand or grow in the US only to see Uncle Sam take nearly 40% of their profit?

Next question — why are car companies moving from Michigan and California to places like Tennessee, Alabama or ( most recently in the case of Toyota ), Texas?

Simple -— REGULATION, TAXES ( yes, it comes back to these again and again ).

IF the incentives are there, the businesses will come ( yes, even from China ).

And what about labor costs? We can't compete against the Third World. And there are some regulations that won't be changed, e.g., child labor, minimum wage, environmental laws, etc.

Next question — why are car companies moving from Michigan and California to places like Tennessee, Alabama or ( most recently in the case of Toyota ), Texas?

And the next step is from Tennessee, Alabama, Texas, etc. to overseas. It is not only tax friendliness but low labor costs and right to work laws that motivate companies to move to the South. Certainly, it makes good business sense for foreign car companies to move their assembly plants to the US.

The problem with globalization and free trade is that the US is not playing on an even playing field. We don't have the same access to these other countries' domestic markets. There is disguised protectionism from these countries including the EU with its agricultural products.

And in the US, government at all levels controls 40% of GDP. Government decides winners and losers. Crony capitalism abounds. Is it any wonder that big business and Wall Street contribute more to the Democrats than the Reps? The taxpayer is helping to bail out the banks too big to fail. Multinationals have no allegiance to the US--even those founded here. And they are behind the effort to bring in more foreign workers to depress wages and take American jobs. In the process they are destroying the country.