“There’s a trade deficit. That’s easy to resolve: People can buy more United States products if they’re worried about the trade deficit.” —George W. Bush, December 15, 2004
Reminiscent of the callous “Let them eat cake” reputedly uttered by Marie Antoinette on her way to the guillotine, President Bush’s remarks show how out of touch he is with the economic reality most Americans face. Apparently, the president hasn’t visited a shopping mall or Wal-Mart lately. If he had, like the millions of Americans who flocked to our nation’s stores this holiday season to buy toys, bicycles, computers, sneakers, clothes, telephones, cowboy boots (yes, Mr. President, cowboy boots!), even artificial Christmas trees and decorations, he would surely know that an overwhelming majority of these products were made overseas, mostly in China.
Mr. President, did you buy an Xbox for your teenage relative this holiday season? If you tried purchasing one that was made in the United States, you’re out of luck. According to Flextronics CEO Michael Marks, “We moved all of the production of Microsoft’s Xbox consoles from Mexico to China.”
Did Mrs. Bush buy you a pair of Ariat cowboy boots for Christmas? Well, guess what, Mr. President? Every last one: made in China.
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http://www.inthesetimes.com/site/main/article/1881/
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