Let me get this straight, we send china our jobs so business can make cheaper goods?
and open new markets in china to sell their goods. We get cheaper goods here, but lose jobs, .....which sounds to me like China is the winner in that little exchange---country to country that is, and in addition to that, our country spends way more than it takes in in tax revenues and we may come the difference by borrowing money from china.---which gives china another advantage over us country to country. Does the chinese govt have some sort of hold on our politicians...do our elected leaders work for us or the chinese?
Politics - 6 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Free trade is good. However, it is not free trade since China is using protectionism. China Is Against Free Trade. What Should Be Done About Its Protectionism? http://answers.yahoo.com/question/index;_ylt=Ap_X26..8nqp2vJu0ewjj2YjzKIX;_ylv=3?qid=20071023144824AAfmpX7
2 :
Hush! We are helping 3rd world countries. And after that, 4th world countries.
3 :
God, I wish I had a soothing answer for you. Of course, our elected leaders work for us..., in theory. They are surely sending our economic base for manufactured goods right down the toilet. Can we as consumers only buy products that are made in the U.S.A., or at least forgo China's? It is a challenge to do so. It is worth a try for those that can afford it.
4 :
Of course this doesn't apply to Germany, Japan, India or Korea - all of which have done exactly the same thing (though not on the scale of 2 billion Chinese). Get an economics book and read it.
5 :
Yep you have it straight!!! It is so obvious a raw deal for the USA but for some reason the rich and elite keep telling us it is good for our economy. Of course there could be a little black mail involved. If the Chinese stop buying up our national debt we would have an inflation rate that would be off the charts
6 :
And U.S. corporate leaders get rich doing this. What is worse, is that U.S. taxpayers subsidize the exportation of our jobs through corporate welfare and our huge military which mainly exists to protect the overseas assets of U.S. owned international corporations. People think that if they own stocks, they will gain wealth as well, but Corp execs always steal the money, and rob the little fishes. And every fool goes around mumbling about a free markets.
