Doing business in Asia, Japan, China, Hong Kong, Taiwan, South Korea, and Russia.

Good joke, and it shows well the media's view of foreign trade in the US. At the same time Chinese imports alone have resulted in estimated savings of over US$600 billion for US consumers. I have also reccently posted an analysis from the FT, showing that these cheap imports are in any case not the source of US job losses, and that the US econopmy has other, internal, issues to address.

Thanks for your comments, Jeremy.
The US does indeed benefit from many of our jobs being done overseas.

The secret to job loss may be as simple as American do NOT want to work hard for a fair wage. Americans want as much as possible for as little effort as is necessary and now that attitude has caught up with a bunch of them.

OK, just one more cartoon. This week's Private Eye has a "EU-phemism" as follows:

EU official, holding a headline about tariffs on imported shoes, states: "The Chinese and Vietnamese are destroying competition with unfair subsidies". The tag line..."Only we're allowed to do that".

Long live double standards!

This reminds me of people who run red lights or turn right after the light changes or whatever...rules are for others, not me.

Double standards exist on many levels.

I like the EU - phemism thing.