Food For Thought © copyrighted How Much Does Walmart Import From China to U.S. Costing U.S. Jobs? July 27, 2011 | by columnist David Lawrence Dewey "Reading provides knowledge... knowledge leads to answers." |
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Before we get to the column...
After you read this column...make sure you read my column, UPDATE CONCERNING THE DEFICIT CRISIS:
The 400 richest Americans used to pay 30% of their income in taxes. According to Steve Rattner, a Wall Street financier, today, they pay only about 18% on the average, some as little at 15%. The average working middle class American can pay up to 28% in taxes. That's wrong with this picture? Rattner presented these figures on Mornings With Joe, MSNBC.
The main reason for the drop in their tax rate of some 40% is the tax cuts by George Bush in 2003, taking the rate paid on dividends and capital gains down to 15%. This reduction in the investment class’s taxes powered the bull market in stocks from the fall of 2003 until the fall of 2007. And let's not even get into the tax loopholes corporations have had since the Bush years.
Why are the Republicans insisting on their debt ceiling plan that it collects nothing from the wealthiest Americans to reduce our budget deficit.
Putting People Back To Work Will Resolve Deficit and Save Social Security - July, 2011
It explains why we are in this crisis in America...along with these columns.
Job Loss and Unemployment At Record Highs, November 2008
What Has Truly Caused the Job Losses and the Banking Crisis Meltdown - The Facts!. - February, 2010
Now...to the column...
How Much Does Walmart Import From China To The U.S. Costing U.S. Jobs?
David Lawrence Dewey - July 27, 2011 © copyrighted
What you are about to see is unbelievable, but pictures do not lie and most importantly, they show the magnitude of the problem. These pictures should also disgust you because it shows how many jobs have been lost
due to outsourcing of products to CHINA. Over ten million Americans since 2000 have lost their jobs due to this.
I have written about this problem before since 1997. The last time was in my column, If you have not read that column, please do after you read this column.
Number of American Jobs Lost Due to Buying From China...
For every ten products that Americans have purchased made in China, it has cost ONE American worker their job since 2000.
America has lost over ten million jobs since 2000 due to outsourcing of products made in CHINA.
The following pictures is of one of three ships presently in service that are being used exclusively by Wal-mart. Maersk who builds this monster of a ship has another two ships commissioned to be completed in 2012.
What Has Truly Caused the Job Losses and the Banking Crisis Meltdown - The Facts!. - February, 2010.
All of these containers are going to Wal-mart
The ship makes (3) trips a month from China to California. This is 45,000 containers a month. Does this not show you how many Americans have lost jobs due to Wal-mart demanding that companies manufacture in CHINA to sell the companys' products at Wal-mart?
Here are some facts about these ships
After the ship docks in California, the products are uploaded to Wal-mart trucks. You see these on the highway all the time.
A documentary that aired in late March, 2010 on the History Channel noted that all of these containers are shipped back to China - - EMPTY
Let me say that again - EMPTY.
Wal-mart sends nothing back on these ships.
What does that tell you about the current financial state of America?
China richer - America poorer ! |
Do you remember years ago when Sam Walton was alive? You would walk into Wal-mart stores and you would see these HUGE signs at the front of the store saying, "We only sell what is made in the U.S.A.". What happened to those signs?
Within six month of Walton's death, his heirs started demanding all companies to move their factories to CHINA to manufacture their products... otherwise they were told... Wal-mart would no longer carry the products. What happened to the Sherman Anti-Trust laws. Were they just ignored by the Justice Department and let Wal-mart committ this unfair buisiness practice that put thousands of Americans out of work? Who was in control of both the Senate and the House at the time and who was President? I can tell you they were not Democrats!
So...let's just keep buying those imported goods from Wal-mart that are made in CHINA. This not only places the U.S. more in debt to CHINA since they are buying U.S. Treasury Notes and Bonds to finance our debt --- this is keeping America from ever being the manufacturing GIANT she once was. We need to stop purchasing products made in CHINA to bring the jobs back home to solve our own country's problems. We need to stop making the CHINESE richer and Americans poorer!
This has been the major cause of America losing over ten million jobs over the last ten years and the high unemployment, maybe even your job..stop and think about it the next time you purchase anything made in CHINA and especially at Wal-mart. If you really want to help America and help your fellow American to eventually be employed again, show Wal-mart they can't do this and stop buying the crap made in CHINA!
Please send an email to your friends about this column and to STOP buying products made in CHINA.
The URL link to this article is: http://www.dldewey.com/walmart.htm
~ ~ David Lawrence Dewey
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