Log In | Register
Concern about massive jobs losses due to unfair Chinese trade practices is reshaping the American political battle lines over trade, with labor winning new and sometimes unlikely supporters in its fight for stronger policies to protect American workers.
2.4 Million Jobs Lost to China
Seeded on Fri Mar 26, 2010 9:04 AM EDT
Article Source: t r u t h o u t- Enjoy this article? Help vote it up the 'Vine.
- Public Discussion (17)
"Yet most US officials ignore a very important fact: a majority of China's exports to the US are produced by US-funded companies and huge profits go back into American pockets....
And herein lies the problem.
- 1 vote
#1 - Fri Mar 26, 2010 9:05 AM EDTYes but most of us have been fooled in to thinking somehow those Americans pockets are our pockets. The reality is that they are Wall Street pockets and noway do they believe in sharing.
- 3 votes
The reality is that they are Wall Street pockets and noway do they believe in sharing.
Wall Street isn't in the business of outsourced manufacturing.
- 2 votes
As for America's workers, these jobs that have been exported to China and other low wage counties, may one day return when workers here are willing to accept the same low wages. Which begs the question - does America really need a middle class to survive? And should international corporations maintain any loyalty to a particular nation or political system - or does the pursuit of profits trump all else.
- 2 votes
#2 - Fri Mar 26, 2010 9:33 AM EDTI've come to believe we workers have only ourselves to blame because we put our savings into IRAs. Those are the funds that were used to leverage these corporations to the size they are. If we have instead made investments into companies that would stayed local and which we would have been able to maintain some control over, our jobs might still be here.
- 2 votes
I've come to believe we workers have only ourselves to blame because we put our savings into IRAs.
I don't dispute you on this. When the company I worked for offered IRA's, I didn't participate because something about IRAs didn't sit right with me. I couldn't tell you what it was but I knew IRAs weren't for me. I shared this with my friends who thought IRAs were the best things next to a hot biscuitand blackberry jam but since it was only a feeling, they discarded the notion. Today, they're all complaining about the amount of money they've lost. I smiled because I put my money in CDs and lost nothing.
Something else that amazes me is how depositers want to bring down the big banks but won't move their accounts.
Americans can get these jobs back if they stop supporting the corporations who are taking aways the jobs.
- 1 vote
As for America's workers, these jobs that have been exported to China and other low wage counties, may one day return when workers here are willing to accept the same low wages.
Sounds like a plan. To compete with the Chinese, all we have to do is live like them. Drink polluted water, eat contaminated food, breath crappy air. Throw granny under the bus.
Brilliant! Just brilliant!
- 3 votes
To compete with the Chinese, all we have to do is live like them. Drink polluted water, eat contaminated food, breath crappy air.
None of which have anything to do with the relatively lower wages over there. But hey, keep up the idiotic overgeneralizations.
I'm sure they'll get you somewhere fast.
- 3 votes
graygray #2.3,
Having reread my post (#2) above I could understand where someone, such as your self, might think I was championing those particular positions when in fact I was being openly sarcastic - or so I thought. So to help eliminate any further misunderstands let me boil down my thoughts to a simple sentence:
US funded companies - bad, US workers - good. Hope that helps.
None of which have anything to do with the relatively lower wages over there. But hey, keep up the idiotic overgeneralizations.
I'm sure they'll get you somewhere fast.
Awwww there there....no need to pout!
- 2 votes
Ashevile Jack 2.5,
Having reread my post (#2) above I could understand where someone, such as your self, might think I was championing those particular positions when in fact I was being openly sarcastic
Your post (2) is obviously, rhetorical in nature. It is quite obvious that the questions you were asking, were rhetorical. I can understand how someone like yourself, after writing it, and, having re-read it, only a few more times, might think it was sarcasm.
Now, post 2.3 which exclaimed:
Brilliant! Just brilliant!
That was the sarcasm.
- 2 votes
American trade policies need to be revised to save the country. It is not possibly to out source all of the manufacturing jobs and still have a viable economy.
- 1 vote
#3 - Fri Mar 26, 2010 12:41 PM EDTI see know why in a lot of countries " Chinese" is offered as a language to graduate in.........It will not take long that it will become mandatory. Is it because the Chinese business men and women don't have any linguistic skills or do we foresee that China will ( or already is) be the world leader in economy?
- 1 vote
#4 - Fri Mar 26, 2010 5:22 PM EDTIs it because the Chinese business men and women don't have any linguistic skills or do we foresee that China will ( or already is) be the world leader in economy?
The better Chinese schools have had English as a mandatory language track for several years now. Business language norms depend on who, generally and on a case-by-case basis, has greater decision power. Beggars can't be choosers.
- 1 vote
The better Chinese schools have had English as a mandatory language track for several years now.
Thanks Jack for the info.
- 1 vote
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
As a new user, you may notice a few temporary content restrictions. Click here for more info.
