Well said and logically sound but here is the thing, US consumes about 40% of global out put. There are over 7 billion people in the world. There are, lets say, about 350 million Americans, or about 5% of the world's population. That means that as consumers each American is equal to about 8 "global" people or stated differently,we are the equivalent of 2.8 billion consumers or China and India together. My consumption % might be a little off put you get the idea. This is not meant
Since consumption is the heart of economics we should have first choice of what and how many jobs we want. I know that sounds nutty but think about something. China has been almost shut down for weeks, and the stock markets have just started to notice and people are "speculating" on the GDP. After 911, Americans sat at home for a few days and the world almost shut down. The politicians begged us to go out to dinner and see a movie, or go to the mall and buy something. China is still trying to recover from OUR 2007 - 8 crash, with empty buildings built for make believe work everywhere. American consumers drive the world.
We fell into this and even forester it. For 70 years the world has nursed off America's **** while they drained the milk from us. It started under the guise of stopping the growth of communism. First, rebuild Europe then Japan, then closer to home with NAFTA. As damaging as that was, it was Kissinger/Nixon decision to pay tribute to China to delay confrontation that was the death blow. We did not send our jobs to USSR but for some reason those two idiots and everyone since thought it a great idea.