Wednesday, March 18, 2020

America should begin producing goods n the USA, and have China only as a backup

America should begin producing goods n the USA, and have China only as a backup 

In the article "President Trump ordered US firms to ditch China, but many already have and more are on the way" by J.R. Reed at CNBC.com, published on 09/2019 it says:

"President Trump rattled Wall Street when he demanded U.S. firms move production out of China. But many have already taken steps to do so, and, in earnings calls just over the past month, dozens of executives have signaled plans to further diversify their supply chains amid the intensifying trade war.



On Aug. 23, Trump took to Twitter, ordering American companies to “immediately start looking for an alternative to China” and build more products in the U.S. In doing so, he cited the International Emergency Economic Powers Act (IEEPA) — passed in 1977 to deal with an “unusual and extraordinary threat to the national security, foreign policy, or economy of the United States.” The president’s threat unsettled investors, sending stocks to session lows on a day when the Dow Jones Industrial Average shed more than 600 points".



!President Trump was right then and he is right now!

Also n the article "Let´s make medicine here in the USA again" by  By Frank Spotorno & Dan Murphy at Yonkerstimes.com published on March 12, 2020 says:

"How could the mighty USA be unable to treat its own residents during a pandemic? Because we no longer make enough face masks or generic medicines in this country. They are all made in China, and nothing is being exported in China because of the Coronavirus." ....  "For three decades American companies have been exploiting human rights, paying individuals slave wages by outsourcing jobs and relocating to developing countries who ignore labor laws, environmental laws and human rights laws all for the mighty dollar and more corporate profits." ....

"And millions of American jobs have been lost along the way, and both parties are to blame. Democrats and Republicans both supported and allowed free trade agreements that were unfair to the American worker. That is why I stood opposed to outsourcing jobs and always try to still buy “made in the USA” products".

Again in an article "Coronavirus Fears Drive Stocks Down for 6th Day and Into Correction" by By Matt Phillips published Feb. 27, 2020 says:

"And analysts at Goldman Sachs predicted on Thursday that companies in the S&P 500 would generate no profit growth this year as a result of the crisis, because of a “severe decline in Chinese economic activity,” disruption in the supply chain for American companies and a slowdown in the U.S. economy".....  "On Wednesday, President Trump addressed the outbreak, expressing confidence that the risk to the United States was low. But investors were clearly not convinced"



US stock market is plummeting because of the supply disruption from china an ts virus. Why are people against the idea of saying what is evident: China because of its "traditions of eating wldlife" has destroyed the world economy. Nobody its against its people, nice, well adjust and bright people, nor anyone has the right of persecuting them or pointing fingers at them, but against their Communist Party, a dictatorship that does not care about the world of its own people but of perpetuating themselves in power.

Yes we shall called it for what it is China's Coronavirus. Let´s make more products in the USA. Lets stop depending in the supply of cheap work in China and by the way is still Climate Change our #1 priority?


Yosef Ben Marques - March 2020

Excelent article: "The Wuhan Virus and the Imperative of Hard Decoupling" by  Andrew A. Michita

Prophecy: The Fourth Seal of Revelation Was Open: War, Hanger and Pestilence Follow

Excelent Point: Marco Rubio: Coronavirus Pandemic Proves Danger Of Moving "Means Of Production To Other Countries"






No comments:

Post a Comment