Problem with importing all manufactured goods

We are in dilemma our largest corporation Wal Mart is proxy for China Inc.It markets 10 percent of all Chinese exports.It has found a way to bring the product with cheapest and most efficient way to consumers and is making great profit.

Because of Liberal business practices and open border policies at least for trade and very organised and concentrated business networks. America is vulnerable to assault by cash rich nations dependent on American consumers to challenge the monopoly of these retailers and marketers .They can implement cost savings to customers for the sake of market share and employment in those sectors still make very respectable profits.This is happening in many fields like auto companies .Most of the foreign manufacturers sell their cars through their American subsidiaries and as the number of dealers is decreasing and Creation of super dealerships makes it possible for large corporations to buy these and control the distribution and micro manage and control the market with negative long term effect on the economy of the USA.

So what will happen .

Prices of many product will go down.

with no sustainable plan to increase earning in America we will have pressures on individual income and stress on living standard.It is time nation woke up from this sleep and planned to find solutions for the problems .If we do not do well ourselves ,we become useless for rest of the world.

We are soon becoming a nation where there is no individual wealth.It seems more and more people will depend on social security and medicare.As they become feeble and are unable to take care of themselves the private cost of health care(nursing care) 8000 dollars per month will wipe out most of the assets of middle class Americans leaving them without any wealth to pass on to the next generation.It is worst than in third world countries where parents at least can leave a home to their children to fight over.

In America we are loosing ancestral homes as city taxes and maintenance is running into 10000 dollars per year.