Letting China be our go to manufacturing base has and is bad for the United States in so many ways. I will give you my insights and thoughts on why we need to restore our own industrial base.
New Jersey Millionaire’s tax does not keep people from coming to the state. This according to the “Patriotic Millionaires, a group of high-net worth Americans, business leaders, and investors who are united in their concern about the destabilizing concentration of wealth and power in America, to support the millionaire’s tax in the New Jersey state budget to help the state meet its existing obligations and invest in priorities.” Continue reading New Jersey Millionaire’s Tax
Why we need to buy American is the question for today.
If you have not yet noticed, China is our go to country for the manufacturing of our consumer products. Per The Atlantic, “Think of computers, essential to business operations around the world. China manufactures over 90 percent of them. Or cell phones, which, in addition to being convenient, function as an essential tool in countries lacking traditional telecommunications infrastructure. China makes 7 out of every 10 of them. 12 and a half billion pairs of shoes — enough for every man, woman, and child in the world to have two — are built in China. And nearly half of the world’s ships, the backbone of global trade, are made — where else? — in … you get the idea.” Continue reading We need to buy American!
What can be done to reverse the negative economics of New Jersey?
From World Population Review, “New Jersey is home to more scientists and engineers per square mile than any other area of the world. It’s also one of the most religiously and ethnically diverse states in the US, with the second largest Jewish population (after New York state), the second largest Muslim population (after the state of Michigan), the largest population of Peruvians in the country, and the largest population of Cubans outside of the state of Florida. It also boasts very high numbers of Portuguese and Brazilian Americans, Hispanics, Arabs, African-Americans, Asians, Chinese and Italian Americans.” Continue reading The negative economics of New Jersey