Fifty years ago the Chinese army could barely keep the peasants in line. Now as hoards of them take a bus from far off villages to the new industrial centers they are learning about life outside of their own feable existence and they want more. One of Chinas' nitemares is all of those people with NOTHING to do ( visualize all the twenty-something Iraquis plastered on your world news every night). This would be a concern of epic proportions for the Russians as I'm sure it has always been, but now that some Chinese have had a taste of the good life I find it hard to believe that they will just waltz back to their old lifestyle without a fight. In the Sixties an autoworker with 3 kids could afford a house AND a summer cottage on the shores of Lake Michigan right beside the plant manager if he wished, but those days are gone forever. Because of the glut of world labor in recent years (China, India, Russia, and the Eastern Bloc countries the un-skilled supply has at least QUADRUPLED! GROUCHO just wants us to learn more but SORRY that aint' good enough anymore as India cranks out superior English speaking (with sort of a twang)engineers and technical people by the thousands and companies seem to be more than happy with them as they are everywhere. The American worker, sadly, still has a long way to fall in this apparent "race to the bottom".
Would a total ban on Chinese imports help the USA?
- Thread starter Merkava_4
- Start date
- Status
What's the last thing you guys would ever expect to see imported from China?
I'm beginning to think that if someone were able to figure out a way to import a gallon of milk from China without it going bad, they would. All the American cows would lose their jobs because they'd no longer be able to compete in this so called free market global economy.
I'm beginning to think that if someone were able to figure out a way to import a gallon of milk from China without it going bad, they would. All the American cows would lose their jobs because they'd no longer be able to compete in this so called free market global economy.
They don't have a lot of land to raise cows and since the Chinese don't drink milk, they don't have the expertise of raising them. The American beef producers want to start exporting beef to China as the population there becomes richer and switches to American style diet.
I would like to see imported tea from China even though they are expensive.
I would like to see imported tea from China even though they are expensive.
Cool! At least we'll be producing our own milk for awhile then.
I seriously don't think banning Chinese Import will help the US much.
Why? When they are banned, countries like Mexico, Malay, Indonesia, Vietnam, Thailand, Russia etc will take its place and export here. The problem is not that China is to be blamed (well, they are the lowest bidder, slightly lower than other SE Asian countries or India), but rather, developed nations as a whole lose their competitiveness.
Will you be working your butt off if you can make more $ as a union auto worker than an engineer? Will you be a teacher if you make more $ as an insurance agents, real estate agents? Will your government be getting good employees when only 3% of the fed tax is for general services?
Killing China will only bring up another China elsewhere. Fixing the system and be less "political" is the solution. Bring in the automations, fix the health care, fix the public services (esp education), fix the crimes (lower poverty and harsher punishment), remove all those ---- tax cut and executive compensations, remove those political campaign money.
Then we will have the best and strongest economy regardless of what everyone else do.
Why? When they are banned, countries like Mexico, Malay, Indonesia, Vietnam, Thailand, Russia etc will take its place and export here. The problem is not that China is to be blamed (well, they are the lowest bidder, slightly lower than other SE Asian countries or India), but rather, developed nations as a whole lose their competitiveness.
Will you be working your butt off if you can make more $ as a union auto worker than an engineer? Will you be a teacher if you make more $ as an insurance agents, real estate agents? Will your government be getting good employees when only 3% of the fed tax is for general services?
Killing China will only bring up another China elsewhere. Fixing the system and be less "political" is the solution. Bring in the automations, fix the health care, fix the public services (esp education), fix the crimes (lower poverty and harsher punishment), remove all those ---- tax cut and executive compensations, remove those political campaign money.
Then we will have the best and strongest economy regardless of what everyone else do.
You lost me on the ---- tax cuts.....no nation on earth has ever taxed it's way into prosperity.
The Sandisk executives don't get paid i guess?
Tax cut is good as long as the government/country can support it. I think we are in such a big debt and the general services, infrastructure, etc is so poorly maintained that we should fix those stuff instead of tax cut (and wasted those $ on Chinese import).
SanDisk exec, well, can't say much about my boss, they (Eli and his gang) started the company and so far they still own a big chunk of it, so one way or the other, it is not for me to say. But In general, I think they got paid a lot more than they deserve (compare to the CEOs in Taiwan and Japan).
SanDisk exec, well, can't say much about my boss, they (Eli and his gang) started the company and so far they still own a big chunk of it, so one way or the other, it is not for me to say. But In general, I think they got paid a lot more than they deserve (compare to the CEOs in Taiwan and Japan).
A ban on Chinese imports would be like the proverbial cutting off of the nose to spite the face. The products, in large part, would come from somewhere else probably at a higher cost thus fueling domestic price inflation. The Chinese govt would then stop buying and start selling US govt bonds (they have over $1 trillion worth) thus requiring the US to increase interest rates to sell bonds to raise money. The Chinese are financing our ability to spend more than we have with the export earnings they receive from the US. A giant house of cards would collapse injuring everyone standing in the way, most of all the US.
1 Chinese yuan = 0.132057 U.S. dollars
That's the problem right there; their dollar is worth a fraction of ours. The Chinese government wants to keep it that way too; they won't allow their dollar to float like ours does. If we can find some way to get their dollar up to the same value as ours, then there won't be any reason to buy their product over the American product because the price will be much similar.
That's the problem right there; their dollar is worth a fraction of ours. The Chinese government wants to keep it that way too; they won't allow their dollar to float like ours does. If we can find some way to get their dollar up to the same value as ours, then there won't be any reason to buy their product over the American product because the price will be much similar.
Oh boy, can someone please explains that how much a dollar in one currency worth has nothing to do with how much their labor cost, their living standard is, and how much would it cost in import/export?
Take a look at Japan, take a look at Korea, take a look at UK.
If a country doubles the value of its currency, market forces will drop all the prices by 50% within several years, and you'll be back where you started.
If China, or any other low-tariff trading nation plays by the same rules as N.A. then it's ok. But if they are sacrificing their long term future by destroying their environment or people to undercut us, then tariffs have to be imposed.
If China, or any other low-tariff trading nation plays by the same rules as N.A. then it's ok. But if they are sacrificing their long term future by destroying their environment or people to undercut us, then tariffs have to be imposed.
Merkava_4,
in an abstract way, their currency IS floating. It's floating WRT to the Oz$, the Euro, the pound.
It's apparently fixed, but only in a relativistic manner.
Like a log floating on the sea, with a half dead person clinging to it. Both bodies are floating, one with the aid of the other.
I'm not sure which party Copernicus would view as the clinger, or the clingee.
in an abstract way, their currency IS floating. It's floating WRT to the Oz$, the Euro, the pound.
It's apparently fixed, but only in a relativistic manner.
Like a log floating on the sea, with a half dead person clinging to it. Both bodies are floating, one with the aid of the other.
I'm not sure which party Copernicus would view as the clinger, or the clingee.
I hope they don't ban Chinese stuff .......
...I can't afford North American any more !!
GEEZ, I remember when the care packages used to go over there ??!!
The Chinese can send me a care package to the van parked down by the river...
...I can't afford North American any more !!
GEEZ, I remember when the care packages used to go over there ??!!
The Chinese can send me a care package to the van parked down by the river...
- Joined
- Sep 28, 2002
- Messages
- 39,793
You're right. Better keep digging the hole deeper. That's the solution to the leverage that we've put ourselves under.
It's the same junk that my school board does to us. They let the elementary schools decay and then propose a $54M mega campus to "fix" the problem ..only because their negligence and incompetence made fixing the old schools tab up to $80M.
That is, you make resisting the remedy far too painful to experience (especially for the Wall St. gang) so that you continue to do the absolute worst thing for you ...willingly.
It's kinda like the prey caught in a snake's fangs. Getting out is more painful than going down the tube.
Snakes ...they're everywhere.
Well the magnet item recall was a design issue, not a manufacturing one; they made it to spec, so shame on the American designers. According to the report I heard, Mattel has one of the strictest toy safety programs out there. The harder they look for issues, the more people think their stuff is unsafe....
Magnets? I thought the recall was for led in the paint.
I've never seen a Government of China store in my area. It's the large chain stores here that are ordering all the useless junk in.
Never mind simple_gifts, I just got the full run down from USA Today.
- Status
Similar threads
