Posted on 08/09/2011 8:23:48 AM PDT by AfricanChristian
Next thing you know the Chicoms will want the US to provide security for their Games.
If all products from China and elsewhere were banned, prices for these products would rise very significantly, quite possibly doubling or more.
Which would be, of course, the equivalent of having your income cut by 50%. Is that something you are personally willing to face up to for the good of your country, or do you just like to flame American companies that follow the financial incentives we as a nation have set up in the tradition of the free market?
IOW, if a 100% American businessman started up a competitor to Walmart across the street selling only American products, but in which the products were on average 2x the price, would you shop there? If you would, how many other Americans do you think would? How long do you think he’d be in business? Why do you blame Walmart and other businesses for doing exactly what a company is supposed to do in a (somewhat) free-market system?
What may be good for businesses may not always be good for their country or its citizenry. I doubt prices would double for the average product, but if a premium is the cost for keeping more of our neighbors employed and off the government dole, it would probably be worth it.
I suspect prices would more than double for many products, notably clothing and shoes, but have seen no numbers.
The problem with your theory is that strict limitations on imports would result in much higher prices on many items, reducing everybody’s net income. IOW, those of us with jobs would have less money to spend on the items produced here rather than there. Less total stuff would be bought. When I might buy two shirts made in China today, I might be able to afford only one made here.
IOW, less total stuff would be consumed and I’m not sure the additional manufacturing jobs would make up for the total loss of purchasing power and standard of living.
Not saying it wouldn’t, either. I just haven’t seen any numbers on the issue, and talking about the subject without quantification is comprehensively useless.
The Chinese (and any other country) are entirely right in wondering if whether or not their athletes would be safe in London. If things get out of control during the games and their athletes are assaulted, that would be horrific for diplomatic relations and horrible for the athletes to represent their country and then end up getting assaulted by thugs. Even in the US, rioters would have been getting shot and rounded up by now.
Commies actually want a non-Communist country to do that??? Wow!
Someone should tell their Commies to get together with our Commies and get their conflicting party lines straightened out.
That’s great, the world’s jewel of human rights is waggling their finger over Britain. They act like they’ve somehow earned the right to complain about everybody else. China conveniently forgets that they haven’t earned jack, every bit of power they have was given to them by easily-bribed politicians and corporate executives. Why earn it when you can buy it under-the-table? Can’t say I blame them, it’s not their fault that the world’s politicians and business leaders are for sale.
That’s great, the world’s jewel of human rights is waggling their finger over Britain. They act like they’ve somehow earned the right to complain about everybody else. China conveniently forgets that they haven’t earned jack, every bit of power they have was given to them by easily-bribed politicians and corporate executives. Why earn it when you can buy it under-the-table? Can’t say I blame them, it’s not their fault that the world’s politicians and business leaders are for sale.
This is what happens when the law-abiding citizens get rewarded with more draconian rules and taxes while the criminal thugs get a slap on the wrist and excuses supplied to them for their drunken violence.
There’s been a long-running myth that the Brits are so intelligent and sophisticated. Can anybody name an American sporting event where 96 people died? (It actually happened in Hillsborough, U.K.)
Actually, if you look at American history and America's relationship with China, you will find, that trade between America and China or rather, the West and China, has been present and expanding ever since the late 1700's. And driven mainly by the West.
The 1800s saw a series of "Open Door Policies" in which China was forced to accept Western trade. And continued well into the 20th century. Then, in 1949, the Communist took over and shut the doors to Western companies. It was at this junction, that the red menace was very strong. And that China was "lost to the communist".
Then, in 1973, Nixon went to China as relations between the China and the former USSR deteriorated. As trade resumed in 1978, it was the US and the West that pressed China to open her markets more and expand trade. All the way through the 80's and into the 90's. The Chinese, now are pressing for more trade as well as the Western companies.
So, the reality is, the history of trade between the Western world and China for the last 200 years, has been largely driven by the West.
Check your history and you'll see that I'm right. Global trade as we know it today, was driven first by the Europeans and then even further by the US.
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