"It is a problem for America, but it is not necessarily a problem for business."

[Zebo]

Who does an automobile produced in Kentucky and sold in New York benefit?

What about something produced in Buffalo and sold in New York City?

What about something produced in Queens and sold in Manhattan?

How is made in China and sold to the US any different? Should anybody purchase anything that they didn't create with their own hands?

That's easy Bober, Chinese have what's called cultural boycott - they just as soon steal your shit than pay for it (see umteen thousands of shops in any China city selling region free software/movies for $1 and pirate DG stuff) as they understand a dollar leaving their country and putting it on American tables does them no good. Keep it at home and if you get silly westerners to bite and more into debt all the better. Within country sales (NYC & Kentucky) is fuckin obvious. I get out of staters at my liquor store all the time.

 

[Trianon]

Kind of like one of your family reunions?()

Nothing like it I have wonderful family

 

[busydude]

How much can companies really sell its product for if its paying its workers peanuts? Especially with the foreign governments doing nothing to stem counterfeiters.

Counterfeiting has been in existence since industrial revolution.

Give me an example where counterfeiting caused a company to go bankrupt? I am totally against counterfeit goods and I haven't bought one in my life, ever.

When you say peanuts, its according to the American standard of living and is extremely relative. An entry level IT job in US pays an average of 4k-5k per month whereas, a person doing the same job in India, while working more hours(6 day week), will work for a salary of $400-$500. With that kind of a pay he/she becomes a part of a middle class family. The average pay for a factory worker is less than $250 in most cases(There are unions in India too). Even with such a low pay, there is no shortage of work force, both educated and non-educated and all of the companies will exploit this scenario.

I am a TA and generally get more pay than an average middle class person from India, but at the same time I fall below the poverty line in the US.

 

[jackace]

When you say peanuts, its according to the American standard of living and is extremely relative. An entry level IT job in US pays an average of 4k-5k per month whereas, a person doing the same job in India, while working more hours(6 day week), will work for a salary of $400-$500. With that kind of a pay he/she becomes a part of a middle class family. The average pay for a factory worker is less than $250 in most cases(There are unions in India too). Even with such a low pay, there is no shortage of work force, both educated and non-educated and all of the companies will exploit this scenario.

I am a TA and generally get more pay than an average middle class person from India, but at the same time I fall below the poverty line in the US.

That is the point though. An American worker can't work for $400-$500 a month and pay rent let alone eat.

 

[WhipperSnapper]

And no, Nike shoes produced in China wouldn't create jobs here. However they would leave the middle class with $45 more than they had if they had bought Nike shoes from some asshole in a New York penthouse.

But would the savings really be $45 and would the front-end savings outweigh the invisible back-end costs?

What if the end result were a small decrease in prices and a large decrease in the size and spending power of the middle class and working class? You might save $20 on the shoes but find yourself unemployed, underemployed, and/or paying higher taxes to support welfare benefits and health care for resulting poor Americans.

Make up your mind. Is the problem transfer of wealth to China or transfer of wealth to the top 0.1%. You crazy lefties can't even keep your complaints straight.

Both.

 

[BoberFett]

But would the savings really be $45 and would the front-end savings outweigh the invisible back-end costs?

What if the end result were a small decrease in prices and a large decrease in the size and spending power of the middle class and working class? You might save $20 on the shoes but find yourself unemployed, underemployed, and/or paying higher taxes to support welfare benefits and health care for resulting poor Americans.

$45 was a number I pulled out of the air. I have no idea what the actual savings would be. Not that it matters. We're already feeling those invisible back-end costs you refer to, only the middle class didn't see the benefit from reduced manufacturing costs, the capital class did.

 

[JSt0rm]

we can still destroy all intellectual property thereby allowing the Chinese to make anything for $10. 50" plasma tv? $10 baby. Life is good. You want a apple macbook pro? $10 baby. Screw the lords and their ip. Man I can sit back on my pension and social security and live like a god $10 at a time.

 

[BoberFett]

we can still destroy all intellectual property thereby allowing the Chinese to make anything for $10. 50" plasma tv? $10 baby. Life is good. You want a apple macbook pro? $10 baby. Screw the lords and their ip. Man I can sit back on my pension and social security and live like a god $10 at a time.

So you're starting to understand how trade works? Congratulations, it's a big step. Trade is what allowed the US to become as prosperous as it is.

 

[JSt0rm]

So you're starting to understand how trade works? Congratulations, it's a big step. Trade is what allowed the US to become as prosperous as it is.

lmao. wut?

Anyways we should part company. I know you have been looking at my profile and I already have cyclowizard threatening to run me over with a car. I dont need boberfett hunting me as well :awe:

 

[shortylickens]

http://blogs.reuters.com/chrystia-freeland/2010/07/06/americas-waning-days-of-opportunity/



Finally, one CEO who'll readily admit how America's being hurt badly by these insane free trade policies.

How often have we have these weasels lie through their teeth and tell us that outsourcing of jobs is actually GOOD for us?*

*By "us", they mean the top 1% of Americans who benefit from the destruction of the middle class.

But all my community college professors said its good for America!!

 

[theeedude]

People with no assets have no need for insurance to protect those assets, so if I was an insurer, I would not be so quick to say this is not a problem for his business.

 

[JSt0rm]

People with no assets have no need for insurance to protect those assets, so if I was an insurer, I would not be so quick to say this is not a problem for his business.

well somebody on the planet will have the assets. They don't just disappear. Unless its ip. Then we will destroy it in the name of cheap knock offs So they better get that shit insured before my comrades take it.