Scholarship table
Your non-answer tells me you are ok buying product from China and supporting politicians that do business with China.
the point is 82, i criticize china vociferously and confidently. i don't make 10's of millions of $$ from china. i have no voice like the NBA or la brum or bill gates to make any difference and you know that. you pose a question to me that you know the answer to but what it tells me is that you are ok with china hating on LGBTQ and the slavery and human rights abuses they hold over the uyghurs and their populace...congratulations biggot
Most of the politicians taking a "stance" against China are right of center, so Rocket is probably supporting them.https://www.pewresearch.org/fact-tank/2020/07/30/republicans-see-china-more-negatively-than-democrats-even-as-criticism-rises-in-both-parties/
That's not at all what that poll says.
Our addiction to China can be blamed on both parties. Our government allowed China to be our supply chain and it really is on everyone involved over the past thirty years. I make living off of helping companies buy from SE Asia, and yet, I have voiced my concerns for over twenty years. I wrote letters to political officials, major business networks and manufacturing organizations around the USA and heard crickets. If it were not for national security, I would be happy to see all of them have egg on their face, but the problem is far bigger than patio furniture being delayed getting to Walmart.
Yep yep. Both parties supported it because Americans want inexpensive stuff - whether its businesses wanting cheap labor or consumers wanting the cheap product of that labor.To be fair to everyone, economics rarely loses.
Unions were united 100% against it. But who wants to listen to the working people of this country? There were mega $$$ available to American companies. While some Dems supported it, my guess is that the majority did not.
China did more to help the quality of life for low and low middle income families than any government program could ever provide.
By depressing their wages and taking their jobs?Yeah, prices for consumer goods are lower, but all the evidence shows the rise of China has had a negative effect on lower and middle class families in the U.S.https://www.npr.org/sections/money/2021/11/02/1050999300/how-american-leaders-failed-to-help-workers-survive-the-china-shockhttps://wol.iza.org/articles/trade-and-labor-makets-lessons-from-chinas-rise/long
pakuniHave you read any of my posts on China and how it has impacted our economy over the past 25 years? I stated that allowing for cheaper good came with a hefty cost to many Americans. I am 100% for a global economy but have felt for a long time that corporate America (with government support) did a major disservice to our country.I understand losing jobs to China, I lost mine and most of 90% my life savings when our industry moved to China virtually overnight in 2000. A multi billion dollar industry left MKE in short order and there was not one local or state politician that gave it a second thought. My comment on making goods affordable for more people is accurate, but I still believe it was a major misstep by our government allowing it to happen. Our leaders allowed it to happen, closed their eyes and made large sums of money by doing so. I will never forget the day that former President Bill Clinton roaming the lobby of the Grand Hyatt in HK hours before he spoke on globalization to group of finance guys. The local newspaper reported he was paid in excess of a million dollars for the speech.
If you've never been to Dealey Plaza and the 6th Floor Museum, be prepared to be moved. I'm old enough to remember November 22. The 4 hours in the Museum and Plaza had the hair on the back of my neck standing up the entire time.
TI think the biggest missteps was the government underestimated the amount of jobs that would be lost and the type of jobs that would be replacing the lost jobs and how reliant we were to China for real stuff, not just happy meal toys. I am 100% in favor of free market trade and corporate America did what was best for them and their shareholders and I have no problem with that at all. That being said, it still can be a disservice for the long haul, which I believe to be true.As for your bolding my comment on our industry being lost in short order, there definitely were things that the city and state could have done, but that is not my biggest complaint. Our elected officials truthfully were asleep at switch and no idea that an industry that employed over 90% minority workers essentially closed their doors before the elected officials knew what happened. Truth be told, any support the city or state would have provided have been wasted money, but they had no idea that would be the case. As for bolded major misstep by our government comment, my biggest issue is that I think our leaders sat on their hands for the last 25 years and did nothing in terms of planning on how a new economy would like or function. I think they, like corporate, America got complacent and never put "what if" plans into place. IMO, they kicked the can down the road and were hoping someone would deal with a problem if one ever happened.Just to be clear, I am not in favor of tariffs or government intervention. I am in favor of our leaders knowing how to navigate a situation or a crisis. IMO, if we do not know to move goods from China to the USA after nearly thirty years someone has not done their jobs. If we did not know how reliant we were on chips from SE Asia until the pandemic hit, someone was not doing their job.
1. Why should Walmart care? They're successful and their shareholders are getting paid.2. Gold standard based on what metric?