Of course China is not free. But China having all our money does not do them any good either.
If someone does something more efficiently than you, you use their goods or service. I can bake bread but the baker does it more easily and for less than I can. I can replace my clutch but the mechanic does it for less and more easily than I can. Because they do it for less I patronize their goods and services.
Likewise, if another community, county, state, region, country does it more efficiently you patronize them. Nearly every state grew wheat for local bread but areas like east Washington and Kansas can do it way more efficiently. SHould the former residents of Asti, California be preventing the sale of Kansas wheat in their area?
Yes, there are problems, like when labor and production are limited by regulation or compliance here in the US causing production costs to be higher than elsewhere. It isn’t a level playing field, but then it never really is.
I thought Murphy made some good points, however.
“Of course China is not free. But China having all our money does not do them any good either.”
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Well that is where we disagree. Strongly in fact.
China having all of our money means China replaces us on the world stage.
That is not good. Not good at all.
We are being sold out, by people who are pretending to be our friends.
America needs (badly) to rebuild. We need to bring back American manufacturing, and stop sending American jobs everywhere but America.
We need to return businesses right here to America.