Sunday, May 10, 2020

Chinese cheap labor

There are 370,000 Chinese students attending US universities and most are studying science and engineering. Many of these students report to the Chinese Communist government and are given the assignment of finding out about US research and forwarding that information to Chinese scientists. This allows them to avoid large expenditures in R&D. To add insult to injury the Chinese then apply for patents on this new technology. During the 40 year race to use cheap labor not burdened by environmental concerns, US industries flocked to China to the point where the trade balance is out of wack and the supply chains are subject to the whim of the Communist government officials. It is time to bring back manufacturing to the US and the good jobs that go with it. This may be the silver cloud in the storm.

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