Are Americans blind to their worsening standard of living due to cheap (slave labor) Chinese imports?

Question

check out that last electricity bill , compare it to your wage slip, go on have a look ;)

Answer 1

Dude, dont mind this, but Americans are very egoistic people. They have a kinda hypocritical thinking that they own the world. They expect things to be as rosy as they were in the 1980s when US was left as the sole superpower on Earth. But its 27 yrs now and you cant expect to live in the past.

Ever since the 1980s, whenever the US took 2 steps forward, it took 4 back. On the basis of their muscle power, US started meddling in the internal matters of lotsa major countries. And eventhough US did provide countries "relief" packages, no one likes someone poking his/her nose in someone's internal matters.

Over the past 27 yrs, US has made more enemies than friends. The people inside America have torn it apart. Poor leadership, bad decision-making, ignorance on the part of the average American citizen has massively dented the American economy. The $ which was once the most dominating currency in the world is fallin apart like there is no tomorrow.

Looking at America today, you can realize that today, it looks like a castle made in sand. One strong wave (read: China) and its all gone. The strong foundation on which America was built has been severely compromised with, by the very people which run America.

On the other hand, look at China. Look at their resolve to go past US. They are dedicated people who want the betterment of their country, contrary to the average American who just wants to have a 5 grand salary, burger to eat, beer to drink, WWE to see and goto bed. The Chinese on the other hand are working day and night, striving extremely hard for perfection.

What you termed as "slave labor" is better than "casually watchin your country being ripped off by idiots.

All is not lost yet. America still has some years to get themselves back ahead of China. If you think I made any difference to your thinking, get up and do something. Dont wait for somethin to happen.

Its NOW or NEVER !

Answer 2

Actually, cheap imports from China are one of the factors that's holding down inflation (from the consumer PoV) here in America. China's manufactures industry has most heavily impacted other overseas exporters, America was already a post-industrial economy when China really took off, so the direct impact is not as bad as you might expect.

Energy prices are higher, of course. But, normally, those high energy prices would have worked thier way through the economy, causing a substantial jump in CPI, but, due to the more globalized economy, we've been insulated from that.

When the Dollar finally starts to fall against the Yuan the way it is vs other currencies, then inflation will heat up.

Answer 3

uhmm yep whats the Wal Mart lowest price. Yaa! the usa cant even clothe itself without china. I bought a board at Lowes and it was stamped made in china. I thought we had forests here in the USA and lumber mills etc. Hell now we cant build a house without china.

Answer 4

Some-or even most-products imported from China are worth buying. And I don't think they are treated as slaves in their country.

Answer 5

You are correct about inflation getting worse. Perhaps you could consider a domestic cause. For instance; The Federal Reserve Bank uses "fractional reserve banking." Many believe this policy is a direct, (rather than indirect) cause of inflation. How?

The Fed (which is completely unregulated by ANY federal agency)) Regulates the money supply. It literally prints money with nothing (like gold) to back it up.

Not only that, it loans this "fictional money" to a few main banks at a ratio of 10 to 1. In other words, it gathers interest on money that doesn't exist and it doesn’t have. The central banks, in turn, loan that money to private banks at the same 10 to 1 ratio. The net effect is; individual consumers pay interest to the central banks, and ultimately to the Federal reserve Bank, at the ratio of 100 to 1.

That's right. No kidding. You actually get only one penny of value for every fiat dollar you buy with your labor.

There's more!
You immediately buy this fiat money at a further reduction in value of approximately 30%, because of income taxes. So, out of your hard earned "penny's worth" you only get 7/10ths of a penny.

Still more...
Every thing you buy also has a sales tax. Of course that varies from state to state, but functionally it averages to about an additional ten percent removed from the top before you have any left to save.

American money is fiat money; a legalized fiction that is designed from the ground up to serve the rich and eviscerate the working class.

Here’s the overview…

1) Start with a lie; print fictional money with no real value (other than your sweat and that of your future generations)
2) Add another lie by further reducing the dollar's value again by ten to one ratio. (loans to central banks)
3) remove thirty percent of the top of that paltry sum with income tax
4) further reduce value with sales tax

In reality, Americans ARE FORCED to buy Chinese goods made by cheap Chinese labor because our dollar has been raped: RAPED BY THE FEDERAL BANK, THE CENTRAL BANKS, TAXES AND MORE TAXES.

Then, to add insult to injury, we are forced to use electronic money and pay interest. Very few Americans have the discipline to live within their means. They are constantly bombarded with commercials for high ticket items like cars, which they are forced to pay taxes and insurance on, then they have to buy gasoline, which is exorbitantly high because of declining reserves and war.

Of course the anemic dollar makes them run to Wal Mart to cloth or feed their families.

Meanwhile, they are brainwashed to believe that having more babies is a 'good thing." Pervasive religious mores ignore facts and promote irresponsible breeding which in turn simply feeds the giant people-grinding machine that is our economy. Breeders makes babies who’s souls are sold to finance the future of the rich.

Yes, ... you are right. Chinese labor is cheap, and buying imported goods weakens the dollar. The reason most families have no choice, is not because of the Chinese labor though. It is because our entire economic system is based on fictional fiat money.

SIMPLE SOLUTIONS…

Abolish the Federal Reserve.
Abolish income taxes.
Make all taxes "sales taxes" only... no higher than ten percent.

These three steps will simultaneously solve several problems and have the following effects:

Immediately reduce inflation.
Immediate restore the dollar's value,
Remove the ridiculously unfair tax deductions that favor only the wealthy.
Restore sanity to millions of Americans around April 15th.
Reduce the insanely wasteful and inefficient practice of preparing forms, deductions.
Restore free market influence; Replace manipulated market.
Prevent your children and your children’s children from becoming slaves.
Reduce deficit by removing central government’s cash cow. If they don’t get it, they can’t spend it.
Restore accountability to state government for tax funded programs.
Remove the mega-inflated dollar that corrupt incompetent government uses to finance the evil of war.

If you need to weed your garden, pull the weed out by it roots.
Start with the biggest weed.

Abolish the Fed!