This week’s bankruptcy filing by General Motors, and indeed the current critical condition of the entire U.S. economy can be traced directly to the wholesale loss of decent paying American manufacturing jobs, primarily to China. Retailers like Walmart, whose stores are stocked predominantly with cheap Chinese-made goods are thriving, because financially desperate American families can’t afford to shop anywhere else (Walmart employs almost 1.5 million workers in the United States, and will be adding 22,000 more U.S. workers to its payroll in 2009; while this may sound like good news, it is anything but.) It is a vicious cycle of cheap imports, resulting in job losses and low wages for those still lucky enough to find work, that creates an even greater demand for cheap imports that are destroying the American economy even more. Probably the only thing that is limiting imports from China right now is the lack of available space on cargo ships. The U.S. government does not seem to be the least bit inclined to limit imports, despite the damage they are doing to our country.
Now, it appears that General Motor’s Hummer division is being sold to China’s Sichuan Tengzhong Heavy Industrial Machinery Company. We feel that dismantling what was one of the largest and oldest American corporations, and selling a portion of it to China is nothing short of treason. It’s also ludicrous. Friends, what you are witnessing is an acceleration of the destruction of the U.S. economy.
On a purely practical level, it won’t work. The type of American buyers who are attracted to a vehicle like a Hummer won’t want a Chinese vehicle. And as the U.S. economy continues to disintegrate because of exactly this sort of exportation of American brands and jobs, few if any Americans will be able to afford to buy a Hummer, or any vehicle, for that matter.
From a national security standpoint, selling yet another major American manufacturing company to China places America in grave danger. And remember… Hummer is basically a military vehicle, even if it has morphed into a family vehicle for soccer moms on American highways. We’ve said it before on this blog, and we’ll say it again… Anytime it desires, China will be able to bring America to its knees without firing a single shot. If China cuts off the supply lines that America has become dependent on, the United States will starve to death. And we won’t be able to defend ourselves either, because unlike during World War II, America’s manufacturing capacity has all but disappeared. If you think that melamine-laced pet food, lead-tainted toys, or toxic sheetrock from China are a problem, you ain’t seen nothing yet.
How bad are things getting for U.S. manufacturers? We went to the Home Depot recently to buy a few sheets of sandpaper, and everything they had was made in China. It appears that America can’t even manufacture sandpaper any more.
So stop worrying about North Korea or Iran or al-Qaeda or the Taliban. What you should really be worrying about are those shiny new Sichuan Tengzhong Hummers that will soon be rolling down America’s highways.
We wonder if they sell portraits of Chairman Mao at Walmart. There’s a bare wall in our living room where we could hang it.
– Routing By Rumor