WSJ 11.14, China's Liu Warns on Weak Dollar, Aaaron Beck, Juan Chen

Dear Mr. Liu,

China has been enabled to make a number of assumptions due to recent U.S. policies which have overlooked reciprocity, access to American consumers-markets, the weakness of your yuan, and for the most part an unfair playing field when it comes to trade and loss of American jobs. It might be wise on the part of Chinese officials to prepare for American leadership in the future which will only be motivated in relationships through reciprocity. Not all Americans are blind globalists, some like me are for American jobs/needs being met first, we will demand fairness and reciprocity from all traders with us, including you.

American policy makers of the future will need to examine U.S. corporate federal and state taxation. Frankly, a new administration will reward corporations for returning foreign jobs by exempting them from all federal and state taxes, much as you do. This claw back of jobs established in China and other nations will be the nexus of U.S. job restoration efforts. Most of us will not accept nor practice Mr. Obama's austerity comments/practices for this nation, he is simply out of touch with voters. We will remain a nation of growth, business expansion and will be either your trading partner or toughest competitor, ultimately you not us will make that choice.

I would remind you as well that debt also is relative to reciprocity and the U.S. in past years has forgiven mounds of it owed by countries from Poland to Egypt. I am still awaiting repayment of debts that have been on this nation's books for years by many nations. China, with the Obama so called reset, can reflect their fair share of America's goodwill by modifying draconian trade and job creation expectations and international practices.

Dr. Phillips
Bloomington, IL