Saturday, December 3, 2011

How to solve trade imbalance

US's $20 per hour cannot compete with $2 per hour (no matter it is from China, India, or Vietnam).

You cannot live with $2 per hour in US. It is better to live on welfare with food stamp, housing subsidies, free health care... when your income is low or 0.

The solutions are:

1. Abandon industries that use low-wage labor and/or outsource manufacturing jobs like Apple is doing. There is no quality problem of Apple products being outsourced to China, so it really depends on one to outsource.

2. Beg China and other countries to loan us more money with states as collateral (by now no one is stupid enough to use USD for future repayment) starting with all non-Democratic states first (according to Obama) and DC will be the last to sell. Just a joke. :)

Selling AK with Sarah to Russia for oil is no brainer. It is just like killing two birds with one stone.

Selling Hawaii is just genius like selling something you do not have as Hawaii is pretty much owned by Japanese already.

If we sold NYC to China, we would make a huge, huge capital gain. It is even more sweet if you recall we bought (cheated is a better word) it from native Indians for peanuts. The Indians/Eskimos were Chinese crossing the frozen strait due to losing their direction after too many drinks. I have my genes to prove my theory. So, it is selling to the original owner for a huge gain. :)

3. Close all trades with all foreign countries and enjoy the $50 toaster!

We can stimulate our farming like planting sugar cane in Alaska, but the chicken feet would be thrown to ocean instead of shipping them to China for cash. Don't laugh. It is smarter than building a bridge to no where or Obama getting his Nobel prize for doing nothing.

You can laugh, cry, or do both, but do not argue the above with me - it is just a satire.

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