But the idea of global free trade was a USA republican one mainly. They were eager to implement it, and get the profits, over the backs of the West workers, willing to cash in third world countries with less or no workers rights.

Blaming China for playing the game by the rules of the West is silly. The real responsibles are the greedy tycoons who invented the theory and wanted to implement it as soon as possible, without waiting for equal rights in all the world, and without previewing the potential might that countries with a bilion people have (India, China).

Today, Ford and GM are paying this botched greed bet. A luxury car is fine, and giantic car-truck with luxury equipment (Hummer likes) is no longer affordable for enough people to make it profitable, while losing ground in eco friendly technology to asian enterprises. And cheap chinese junk-cars at 3000 dollars each are far more profitable. They have 20% of countryside unemployement. They have room for a lot of factories with cheap workers, and to absorb every factory in the west.

Happy free trade everybody!

1958 Sen George Malone said “The Global Theory of Free Trade is Siphoning off Americas Wealth and bringing her economy to the level of others. The Theory is displacing American Workers who otherwise would be employed”

But…

Since Herbert Hover has there not been an unemployment as umpredictable as Bush’s record.