Any Increased Tension Between China and The Us - Blame it on Obama

For someone who graduated from Yale, you'd think that Barack Obama would understand global trade and the global economy a lot better than he does. [in my opinion]. Apparently, he doesn't because he doesn't understand [or perhaps care] that many of his actions are creating tensions between China and the United States. No, China has not been the world's best trading partner, but they have been our largest trading partner.

And yes, it is true that China has taken advantage of the United States' ability to purchase due to our strong middle-class to import almost as much as China was able to produce previously. Today, China could easily produce enough products for three or four countries the size of the United States. The entire EU, all put together barely equals the GDP of the US. So that would mean there are two countries so to speak with the ability to buy that number of products, but China could produce enough for five.

Therefore, China cannot continue its year-over-year growth of 10% by exporting products forever, there aren't enough customers, and are not enough raw materials in the world for them to keep doing this. Eventually they're going to have to produce products for themselves and allow other nations to come up in the world so that they can produce products for them as well. What they've done is overproduced for a world that does not need that much.

Because of this ability to overproduce, their prices have also come down on many items and this has hurt American manufacturers. Most of the manufacturing companies in the United States which use union labor are upset that all of their manufacturing jobs are going overseas. President Obama made good on a campaign promise he made before his election to help the steel workers union by levying tariffs against China's exports recently.

You see, although President Obama has not often made good on his promises as President, he has discovered that the healthcare insurance bill was going to charge an additional tax for "Cadillac Health Care Plans" which meant that many of the steel worker union employees, most of them, would be charged extra money for their healthcare insurance.

Therefore, the union did not support Obama's health care plan. So to make this up to them and to make good on his promise before the election he put a tariff on Chinese tires. In other words, he would sacrifice US Chinese trade relations to appease the unions, this is the same type of union that caused the auto industry to collapse, and have lobbied for more regulations on corporations to serve the union's political will, forcing American companies to take their jobs overseas.

President Obama is now part of the problem, in my personal or professional opinion after following politics, and free trade issues for over 30 years. I honestly believe Obama should be impeached. And I believe this should happen immediately. Please consider all this.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes that we need better leadership.