China is cheating, and that’s costing Americans jobs


China is cheating, and that’s costing Americans jobs

Cincinnati Enquirer – One of the biggest jobs bills to pass this session of Congress – one with the potential of creating or saving 2 million jobs with no cost to taxpayers – passed the Senate this week with strong bipartisan support.It’s time now for the House of Representatives to act. Here’s why:

We know that American workers and American manufacturers can compete with anyone. We have skilled, productive workers and world-class infrastructure. But when a country like China purposefully manipulates its currency so that its exports are cheaper, that’s not competing – that’s cheating.

The result? U.S. exports are more expensive and a deluge of cheap imports flood our markets, costing American manufacturing jobs.

A lot of jobs.

Read the whole article &raquo

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