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To: MadIvan
No one wants to acknowledge that China and other countries may be doing well because the Democrats and Socialists have piled on regulation after regulation which blunts the productivity advantage that workers in Britain and America might have.

I disagree. It's the fact the Chinese can afford to live on about $90/month and the companies pay those wages.

This is their advantage: She works a minimum of ten hours a day hunched over a sewing machine and earns just £60 pounds a month. Her pay is docked if she does not meet the quota set by her boss.

110 posted on 09/28/2004 5:14:20 AM PDT by raybbr
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To: raybbr
I disagree. It's the fact the Chinese can afford to live on about $90/month and the companies pay those wages.

If it were wages alone, then no one would manufacture cars in the United States or Britain. This is not the case at all; the reason being is productivity is key.

Second, even in the United States, capitalism went through the phase that China is going through now - it was just 100 years ago, in the era of sweatshops. The economic growth in China indicates that wage differentials will erode - this is already happening in India

In any event, you are not presenting an adequate argument for statism in the form of tarrifs, nor are you saying how corruption could be prevented by various companies bidding for the government's assistance. And often times they don't help.

Ivan

112 posted on 09/28/2004 5:21:00 AM PDT by MadIvan (Gothic. Freaky. Conservative. - http://www.rightgoths.com/)
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