8.02.2008

Bush Sr's Faustian Bargain with China or How US/China Trade Threatens to Wipe Out the US Middle Class

US/China trade has benefited China and a US elite consisting of about 1 percent of the nation's total population. It should come as no surprise, then, that the origins of US/China Trade are traced to the GOP administration of Richard Nixon. It is to be expected, then, that it was George Bush Sr who laid the groundwork for this sellout of the American middle class. Fact is 'US/China trade' was never intended to benefit the average American tax payer. And it never has!

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