If it were only tube socks it would be OK... Unfortunately it is now computers, cameras...all Apple products...that are going off shore...
And perhaps soon...autos...and auto parts...
When I was flying to India recently...the lady sitting next to me was from West Michigan... she was visiting her husband, an enigneer, who had been unemployed for a long time...
But got a job setting up an auto parts factory in India... Auto parts may be the first to go... But everyone knows that production of the cars will be next...
This notion that American companies "aren't spending"...is nonsense...
THEY ARE SPENDING LIKE MAD...AND THE FED IS PRINTING ALL THE MONEY THEY NEED...
THEY ARE JUST NOT SPENDING IT HERE...!
THE FED IS BUILDING AN ECONOMIC POWER HOUSE IN CHINA AND INDIA...RIGHT NOW...
What the American people have missed in Wall Street and Washington is that:
"Its not about you anymore"...
