Made in America…..Not

Let’s start with the basics.  America is and has been running a negative trade balance for lo these many years.  And everyone knows that pundits like Lou (The Hitman) Dobbs has been tearing corporate America a new a**hole for their unconscionable outsourcing of American jobs to far away places. Are there dots here to be connected between these two events?  Of course there are, but we love to buy cheap stuff too much to connect them.  Whaddya mean, you say?  Well, lemme connect them for you. In the latest period for which I could get reliable date, our exports (that’s the stuff we sell outside the US of A) were 9.8% of our GDP, while our imports were 13.9% of...