Posted on 03/23/2006 9:29:32 AM PST by Willie Green
Don't forget, the overall deficit was $800 billion of which $200 billion belongs to China. So, there is obviously something more than just China going on here. And China's overall trade surplus is only $100 billion. Part of the problem is that there are so many restrictions on US technology that have been deemed "dual use" technology. China claims that at least $50 billion of the trade deficit would be wiped out if those restrictions were lifted.
And don't even try and sell the idea to the 3.5 million U.S. workers who had their jobs terminate due to outsourcing....that they are making out like bandits.
Well, overall unemployment has been going down in the last few years. Nobody denies that there will be winners or losers in global trade. There are many jobs here in the US that pays better than many of the manufacturing jobs that went overseas. And those jobs are in high demand to a point where they can't find workers. I.E., long haul truck drivers and nursing.
Actually it $224 billion as DIRECTLY counted. And how do we know that the balance of the $700 billion U.S. overall trade deficit, subtracting that $224 B to $476 billion non-Chinese...wasn't also due in major part to China. I.e., Hong Kong. Often segregated out from China. Taiwan. Also segregated out from China. Korea. Japan. Yet all importing heavily the subcomponents that get slapped together then shipped as finished products to the U.S. I believe that we can't know what the total numbers are that China is contributing to the U.S. trade deficit. But it is certainly likely far higher than the direct numbers were are counting. And even at $224 billion...it is bad enough.
And China's overall trade surplus is only $100 billion.
That's only what the Chi-Comms admit. They expend $195 billion annually propping down their currency to maintain their peg. Then they periodically throw almost $150 billion at a time to prop up their banks. That money is coming from their trade. Hence, they are pocketing a great deal more than the official numbers would suggest. I know that if William Casey was alive today, and running the CIA, he would have them fully analyzing the finances of the PRC...and it would already be a dead economy walking.
Part of the problem is that there are so many restrictions on US technology that have been deemed "dual use" technology. China claims that at least $50 billion of the trade deficit would be wiped out if those restrictions were lifted.
This proves you are phoney. An agent of the Reds. You just want our military technology. You can't have it.
As for non-dual use technology, that is still world-class cutting-edge: We make plenty. You just won't buy. You refuse.
Aircraft is the pivotal example. We make aircraft far cheaper than Europe due to their high priced Euro currency. China went out of its way for AirBus to reclaim, just barely, the global commercial plane sales lead over Boeing (the supreme aircraft technology leader on the planet).
This was right after after GWB had left Bejing...the PRC announced FIVE TIMES as many plane orders to AirBus as Boeing.
Well, frankly, that just shows it was for politics. Everybody admits that Boeing's planes are better. The 777, the 737, and the new 787 are unmatched in performance and price. The orders for the Airbusses was a political stunt to try and damage the U.S. economy, and subsidize its competition to keep the pressure on it. And maybe send some kind of foolish message to Bush.
Well that was extremely poor judgment on your part. He was all that was standing in the way of America taking its trade back and shutting you down. And now you have helped destroy his trade credibility. He is done. Toast. Good job, Reds! Don't expect any trade increases after we're done tariffing the hell out of you.
And as for dual use technology. FORGET ABOUT IT. China has enough technology. And scientists. Invent your own. No more freebies.
Anyways, we're tired of waiting for you communists to go into oblivion. Get lost. It is time for China to LET IT'S PEOPLE HAVE LIBERTY.
Dissolve the Communist Party.
NOW!
The 800b vs 200b are 2005 figures. The 224b maybe 2006 estimates. How did you lump Taiwan, Korea and Japan into the fray. Besides, if you use them as an arguement, then in reality, the deficit with China is actually less and would be attributed to Taiwan, Korea and Japan. So, I'm not sure what you're trying to get at.
This proves you are phoney. An agent of the Reds. You just want our military technology. You can't have it.
Um....I'm not an agent. If either one of us were in any positions of influence, we wouldn't be spending so much time on this message board.
As far as China not buying Boeing and buying Airbus, well, the world has bought more Airbus planes for awhile. And China continues to be Boeing's largest or second largest foreign customer. So, I'm not sure how you conclude that China isn't buying Boeing. As far as backing out of deals, alot of customers do that. It could be that Airbus offered China some sweet deals, which is the same way Airbus wins orders from other customers.
There are other technologies that have been branded "dual use" that the US refuse to sell that is predominently used by the civilian sector. One catagory is supercomputers such as those made by Cray (or IBM). The US refuses to sell China those because of fears of simulated nuclear testing. However, supercomputers are used in many research institutions that are non-military. Weather predictions, crunching of complex differential equations, etc. Another category that has been branded dual use is equipment used build 0.09 micron wafers. However, most wafers are used in non-military applications.
Even some composites have been branded dual use.
And as for dual use technology. FORGET ABOUT IT. China has enough technology. And scientists. Invent your own. No more freebies.
Actually, they are. And helping US corporations with theirs as well through research centers in China working for American corporations.
Five to one.
'Nuff said. You are a phoney.
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