Dec 22, 2011

China Is Not The Source Of Our Jobs Problem

Republicans and Democrats, liberals as well as conservatives, have bought into anti-Chinese trade demagoguery. Former House Speaker Nancy Pelosi suggested that tariffs against China are a "key part of our 'Make It in America' agenda." 

Yet in 2010, total imports were about 16 percent of U.S. gross domestic product, and of that, ONLY 2.5% came from China...

Read more from Walter E. Williams