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To: Paul Ross
they use their other powers of communist tyranny to keep wages at slave levels...

Any talk about righting wrongs in China would need another thread.  We're talking about whether the American economy is in danger or not.  We buy oil from China.  If Chinese slave labor is selling us oil below cost and reducing our bills at the pump, then I say it's not a problem that needs to be fixed by higher import taxes.

32 posted on 03/21/2006 5:01:51 PM PST by expat_panama
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To: expat_panama
If Chinese slave labor is selling us oil below cost and reducing our bills at the pump, then I say it's not a problem that needs to be fixed by higher import taxes.

But that is precisely the opposite of what they are doing isn't it? First, they aren't selling us oil. They are indeed driving up oil and all other essential energy and commodities resources necessary for great power status...in direct competition against us. Indeed, they tried to snap up UNOCAL and divest our country of a major set of oil supply for the future.

Second, their sales to us instead of supporting our infrastructure, are destructive....they are taking U.S. manufacturing plant, relocating it to their country, either directly with their own purchases, or with the willing accomplices amongst those who would rather switch than fight.

The only advantage the U.S. receives is temporary, and potentially costly in the extreme to undo the damage already done. But it will have to be, as soon it becomes inescapably clear that China doesn't care about remaining a footstool for their western stooges...and won't. They are simply biding their time to reverse the roles.

35 posted on 03/22/2006 10:18:29 AM PST by Paul Ross (Hitting bullets with bullets successfully for 35 years!)
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To: expat_panama

I agree.

The comparative advantage of low cost producers in free trading markets raises everyone's stds of living.


45 posted on 03/22/2006 11:57:36 AM PST by Marxbites (Freedom is the negation of Govt to the maximum extent possible. Today Govt is the economy's virus.)
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