...no. The fact that Americans would rather buy cheap Chinese made goods is responsible for China's rise.
If you really want to blame a political person for the lack of America's economic knowledge, you need to point the finger at Nixon as he's the one that opened up trade with China again.
What America's fail to realize is that every time you buy something you are voting for that product and everything associated with it. If you buy slightly more expensive domestically made goods then you're voting for more domestic manufacturing. If you vote for cheap Chinese made goods then you're voting for more cheap Chinese goods. It is that simple when you boil away all the political noise, distractions, and BS.
If you really want to blame a political person for the lack of America's economic knowledge, you need to point the finger at Nixon as he's the one that opened up trade with China again.
What America's fail to realize is that every time you buy something you are voting for that product and everything associated with it. If you buy slightly more expensive domestically made goods then you're voting for more domestic manufacturing. If you vote for cheap Chinese made goods then you're voting for more cheap Chinese goods. It is that simple when you boil away all the political noise, distractions, and BS.
I also blame the much (but very UNdeservedly) deified 'Saint Ronnie' (or as I call him, 'Ol' Prunface'), and all of his right wing orthodox, TOTALLY open with NO restrictions/regs/tariffs, JAPAN ONLY benefiting, trade policies.