So we're Lazy now?

The President thinks America is "lazy" because we "haven't been attracting foreign businesses." Ouch. Let me dig a little deeper into that statement.

First off, the President has planned more initiatives to set up foreign investment in this nation. You might be thinking, "great! More money for us!" But think about it -- we have opened our doors to foreign investors to the point where a lot of American businesses are actually owned by other nations. China, for example, owns 70% or thereabouts of American communication companies. (You can look that up)Do we really want MORE of that? Ask the Chinese corporation in southern Idaho why their little enclave is literally considered foreign soil. Hmmmm?

Arab interests, too, have skyrocketed over the last decade. Can our own businesses keep up with the money that has been pouring into this country? Not really. Many of them have gone under, and been taken over by international concerns. But lazy? Mr. President, that's not correct.

The President wants American businesses to go overseas and attract more foreign investment. I am not certain that's a good idea. I don't think American businesses are "lazy." Many have established themselves overseas and prospered at it. But bringing overseas back to us? I'm not sure that's the best plan.