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To: Toddsterpatriot
Who knows how much it is exactly. China Production is at least 10 times more than is showed in your stats, as this is posted in dollars but China produces in their currency which is undervalued by a factor of 50 as China can pay workers .20 cents an hour. In a free market prices would even out and workers would make about the same . that they don't shows the rate at which China manipulates its currency. Fact is U.S. workers get paid 50 times more than China factory workers but it should be about the same if the marker were free.

FACT is China makes 54% of the world's steel and most of the electronics 9 billion people use. U.S. makes no consumer electronics not even our own.

441 posted on 08/02/2012 6:23:52 PM PDT by rurgan (Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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To: rurgan
Who knows how much it is exactly.

You know. You said "their currency which is undervalued by a factor of 50"

Do you have any proof their currency is artificially undervalued by 98%? Or did you just pull that out of an orifice?

In a free market prices would even out and workers would make about the same .

Bzzzt. Wrong. More productive workers make more than less productive workers. That's why 11 million American manufacturing workers can produce more than 100 million Chinese workers and still make more than 50 cents an hour.

443 posted on 08/02/2012 6:36:42 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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