I would add though that the reason isn't merely to placate anyone.
If we take a stance on China then the very stuff you cite becomes more of a viable reality.
The notion that one can just work harder and make it is a BS argument.
I am not arguing against education or for laziness, but there is more to it.
There has to be a measure of opportunity for entreprenuership. Once in the game then smart and hard work apply...
The answer isn't all in education. I know tons of MBAs who can't get a job to save their life. I know Phds in the same boat.
There is a much larger economic issue at hand.
Bump!
I can retract that word. What I meant was that they may not feel as strongly as others within Congress that have a more Hawkish view of China and press beyond what they themselves would do so as to satisfy some back home. But yes, I would agree the delegation themselves have genuine concerns.
If we take a stance on China then the very stuff you cite becomes more of a viable reality.
The notion that one can just work harder and make it is a BS argument.
Well, I've been unemployed before, so I'm not unfamilar with the difficulties of trying to find employment.
I am not arguing against education or for laziness, but there is more to it.
There has to be a measure of opportunity for entreprenuership. Once in the game then smart and hard work apply...
I agree, but did you know, that people leave their own country (like India, France, Russia and yes even hard charging China) to establish their high tech start ups here in America? A place where wages are high. And when they settle in silicon valley, they are not only paying wages higher than the countries they left but paying for wages that are some of the highest in America.
So, despite the cheap labor in other countries, entrepreneurs from other countries still come to America and set up shop and thrive. And if someone who struggles with the English language can themselves make it in America, why can't the average American?
The answer isn't all in education. I know tons of MBAs who can't get a job to save their life. I know Phds in the same boat.
Well, yes and no. It depends on where you want to chase the opportunities. I know of someone who has a PhD and tried to get his tenured position at the local University. Things didn't work out and those positions are far and few between. He went to Microsoft instead and is working hard and making good money.
I took a programming class once where the instructor talked of someone who managed a bakery. He went as far as he could as a baker and wanted to get farther in life and decided to take up programming. To make a long story short, he completed his two year certificate, got his foot in the door at Microsoft and manages a team there.
There is a much larger economic issue at hand.
Well, again, yes and no. In a sense that cheap labor from foreign countries take away jobs (not just China) from those who may not have the EMOTIONAL strength, or the family structure to support those pursuits that I just discussed above (high tech).
China is evolving from a society like rural South Dakota to a manufacturing society Ohio and America is evolving from a manufacturing Ohio to a financial centerlike Manhattan or a high tech center like San Jose. HOWEVER, not everyone in Ohio can handle the rigors of working in either Manhattan or San Jose, but the opportunities are there fore them if they want it.
When those options exist within a country, then people can just move. Those who are more energetic can go from Ohio to Manhattan, and those who find it tough to compete in Silicon Valley can move to Ohio (or anywhere else there is manufacturing). But with globalization, people can't cross borders that easily. So a strain begins to happen within each group. In the developed countries, labor begins to feel the pinch. In the developing countries, those who have the entrepenuerial spirit feel the pinch of their own governments weighing down the entrepeneurial spirit (and many come to America to invest).
America's total net worth is estimated around 50-60 TRILLION DOLLARS. That's roughly 200K for every man woman and child. But what is happening in America, is that the distribution of wealth is shifting where the bottom 30% owns less than 1% of America's wealth and the top 1% owns 30-50%.
There are no perfect economic systems in the world. Even though capitalism is efficient, the very wealthiest enjoys the bulk of the spoils. What needs to happen, is that the wealthiest needs to practice domestic philanthropy.