Author: greatlady

Why China becomes political card in US elections [Copy link] 中文

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Post time 2012-9-26 20:16:03 |Display all floors
the americans lost jobs from greedy.
they think can making factory in china and use cheap china slaves.
truth chinese is more clever and steal how to make it.
now americans complained???????????????

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Post time 2012-9-26 20:38:10 |Display all floors
hongxie Post time: 2012-9-26 20:16
the americans lost jobs from greedy.
they think can making factory in china and use cheap china slav ...

The loss of manufacturing jobs has been devastating, not just from a job market perspective, but also it's killing our small towns whose entire economies centered around those factories.

Those people had no choice in the decision to move their jobs to China.  They are mad.

Politicians are addressing the anger by pointing fingers.

It's not working.  lol
  
Behold the turtle. He makes progress only when he sticks his neck out.

                          -  James Bryant Conant

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Post time 2012-9-26 20:39:53 |Display all floors
There is however, a valid point besides the jobs.

The trade deficit with China is real and it breaches our terms.

We are doing our part, but China is not living up to their promises giving them an unfair advantage.

This issue does need to be settled.
  
Behold the turtle. He makes progress only when he sticks his neck out.

                          -  James Bryant Conant

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Post time 2012-9-27 15:10:31 |Display all floors
There might be a case there if top management salaries didn't triple during the same time period.  

It was greed - the corporations can have higher profits if they don't have to pay a decent wage to employees.

The unions aren't the bad guys, it's the corporations and their greed that did it.


I wouldn't look for who is "the bad guy" or who's to blame for the financial crisis - it was the system that failed (which includes politics, corporations, people, union), so you'll need a systemic solution.

However, I wasn't talking about the current crisis - I was talking about unemployment in general. Unemployment can only exist if salaries are, for some reason, higher than the equilibrium level. Unions are one of the reasons why salaries are higher than they should be, pushing down the market demand for labour... in Europe, we have many more, like laws that prevent companies from actually firing workers (adding additional risk and thus additional cost to employing someone) or minimal salaries (preventing companies from hiring anyone for a lower pay), so that's why unemployment is genreally higher in Europe than in the US.

Of course, that's rather abstract. But imagine your household at home was a company: if an unemployed worker wanted to work for you and do your household chores for 100$ a month, would you higher him? What if he asks for 500? Or 1000? Or 5000?
There's always a threshold of what you can afford to pay for that work - and you'll accordingly decide whether or not you want to hire anyone. And also, how much work you want to invest in your household.

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Post time 2012-9-30 11:57:31 |Display all floors
JFenix Post time: 2012-9-26 20:38
The loss of manufacturing jobs has been devastating, not just from a job market perspective, but a ...

Whose fault ?

LISTEN  TO  YOUR  HEART

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Post time 2012-9-30 20:32:56 |Display all floors
greatlady Post time: 2012-9-30 11:57
Whose fault ?

the corporations.
  
Behold the turtle. He makes progress only when he sticks his neck out.

                          -  James Bryant Conant

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Post time 2012-10-1 01:11:54 |Display all floors
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