21 Reasons Why Donald Trump Is Right – China Is Just Ripping This Country Like Nobody Has Ever Ripped Us Before

Earlier this week, an interview with Donald Trump on Fox & Friends made headlines all over the world.  During that interview, Trump stated that he was “absolutely thinking about” running for president in 2012.  But what didn’t get as much attention is why Donald Trump is so motivated to possibly run for president.  It turns out that Donald Trump is horrified by how China (and other nations as well) are absolutely taking advantage of the United States in global trade.  Trump put it this way during the interview: “China is just ripping this country like nobody has ever ripped us before.”  And you know what?  Donald Trump is absolutely right about this.  You see, China has been openly manipulating its currency for years and years so that their products are far cheaper than those produced in America.  This has put entire industries out of business in the United States.  Not only that, but China also openly subsidizes many of their industries, thus giving them a competitive advantage over U.S. businesses and our government does nothing about it.  In addition, China has exploited the fact that they allow their workers to be paid near slave labor wages to attract thousands upon thousands of factories and manufacturing facilities to their shores.  China dumps massive amounts of cheap goods on our shores while openly discriminating against many U.S. good and services.  This kind of unfair trade has enabled the Chinese government to pile up hundreds of billions of dollars in excess currency reserves which it ends up lending back to the U.S. government.  Basically, China is running a massive scam on us and is getting tremendously wealthy in the process. (Read More...)