WSJ: “Another China Shock” as Chinese factory over-capacity is dumped into America. Last time this happened in the 2000’s it wiped out 1/3 of our manufacturing jobs — 6 million lost. This time could be even worse. Because Chinese aren’t buying their own factory output. And because Biden’s manufacturing regulations are even worse than under Bush.
WSJ: "Another China Shock" as Chinese factory over-capacity is dumped into America.
Last time this happened in the 2000's it wiped out 1/3 of our manufacturing jobs — 6 million lost.
This time could be even worse. Because Chinese aren't buying their own factory output. And… pic.twitter.com/aiBnosXRRH
— Peter St Onge, Ph.D. (@profstonge) March 28, 2024
