South Korea and America, A Match Not Made In Heaven


Over at www.autoblog.com they recently had a story about how a 3rd Korean automaker was trying to enter the market and start exporting cars to the US.  It got me thinking about how bad our foreign policy is these days with countries like South Korea.  First, the US imports about 400,000 cars a year from South Korea while we send them a whopping 15, 000 annually.  Second, the US recently signed a free trade agreement with South Korea and the outcome was predictable.  Our trade deficit with South Korea soared to a record $23 billion dollars.  Third, South Koreans don’t even like Americans.  With the exception of the older generation that can still remember America helping South Korea the rest of South Korea seems to almost hate Americans.

All of this makes me ask why?  Why do we sign free trade deals with a country that costs us billions in lost jobs?  Why do we then station tens of thousands of troops there to defend the same country at great cost ( I was recently told by someone that South Korea has agreed to foot part of the bill for US troops stationed there, how generous of them)?  Finally, why would we do all of this for a country that hates us?  The only country capable of such stupidity is America, thanks Uncle Sam!

http://thehill.com/298279-warren-raises-questions-about-widening-trade-deficit-with-south-korea

http://economyincrisis.org/content/trade-deficit-south-korea-autos-continues-rise

Ssangyong may be 3rd Korean brand to sell cars in US

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