Let me explain it to you: they (corporate geniuses who now run our tax policies and have done such a great job of zero f'ing growth over the last decade while blowing a huge hole in our budgets) gave away all of our manufacturing tech to the Chinese a decade ago. We (as ordered by our conservative corporate masters) were teaching them how to make things using tech they didn't yet have. Their govt. is way smarter than ours and light years ahead of our idiotically selfish and short-sighted corporate bozos. They think Sun Tzu, our guys are more like Yosemite Sam. The Chinese insisted that to sell into their markets we: 1. Had to build the plant there (not in neighboring countries either...killed some of our projects.) 2. Had to staff it (including engineers, supv. etc.) with Chinese. 3. They had 51% ownership. 4. We gave them the tech. 5. Their design institutes built the equipment. 6. We had to teach the design institutes the basic so that they could do step 5 (they were f'ing clueless, because they had no experience with stuff that was industry standard to us.)
It was a deal I would have laughed at and walked away from. But not our wheeler-dealer smartest-guy-in-the-room types (they loved their Enron!) They drank the kool-aid. Within about three years the same dumb-asses at my company threw away $2 billion of our our $5 billion of net worth in similarly cock-eyed ventures around the globe. (They were stupid in a multi-cultural way.)
You are mixing your bases. California doesn't have authority over imports, the Feds do. If Cali did you can bet they would be hard as hell on the Chinese. Their reach is limited to what happens in the border of their state. California would have everyone working for a living wage, you'll never see than in any conservative state. Conservative states are fond of slave wages. They are trying to figure out how to pay folks like the chinese, while getting U.S. efficiency out of them.
Thank God for Soc. Sec. and Medicare because corporate retirement and health benefits are mostly gone. U.S. companies have fucked this nation over good. Outside investment savings? HA! Negative returns for a decade or more. U.S. retirement investing is all set up to reward banksters and hedgefund managers. Rip off of the century.
Regulated free markets work. Unregulated ones don't...hence the past decade. Unregulated free markets drive toward giant monopolies and enrich the wealthiest while taking from everyone else. And that is all we've seen for the past 12 years. Yes, I include the current administration in this as they've continued the same business conservative Bush policies that got us into this mess.





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