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The United States and China share the most imbalanced bilateral trade relationship in the world. The United States imports more goods from China than it exports to a tune of $202 billion dollars each year. All told, China alone accounts for nearly 26% of the United States' $725.8 billion trade deficit.

This amounts to $2400.00 per person going out and not coming back .

Its the same as if your dad instead of paying you an allowance or offering you work to earn some money he hired the kids from on the next street cause they would do it cheaper .

This means less money in your own household and more in theirs .

So which family becomes wealthier and which poorer .

This is now on a national scale in which we are trading away our nations wealth which is our labor .

We trade hard earned dollars for products and services that profit other nations to the tune of $725. billion dollars annually and its increasing .

This is going to destroy us if we do not turn it around .

2007-08-06 03:29:25 · 14 answers · asked by Anonymous in Politics & Government Politics

14 answers

They're too busy fighting over gay marriage.

2007-08-06 03:32:14 · answer #1 · answered by Anonymous · 3 3

Turn it around how?

The world has pretty much given up on tariffs and trade restrictions. They just don't work. Any attempt at restricting or taxing Chinese imports would only result in retaliatory tariffs on American exports, which are a huge part of our economy.

The more complicated issue that upsets so many people is the ongoing shift of manufacturing to overseas sites like China. We have been used to being the world's manufacturer for a long time, and it's disconcerting to see so much of that go abroad. But that's not an entirely bad thing. If you look at the various parts of the manufacturing cycle, some are more profitable than others. Research and design are high-profit areas requiring many skilled and highly-paid workers. These jobs are stil primarily in the United States. At the other end of the cycle, sales and marketing are also high-profit sectors, whcih again are concentrated in the US. manufacturing, onthe other hand, is a low-profit sector. This is why the jobs don't pay very well. Many of them can be automated, and most of them can be outsourced. These are dirty dangerous jobs that don't pay well. Why would we want them? Concentrating manufacturing overseas also reduces the impact of pollution of the air, water and soil by these industrial processes.

A bteer analogy would be if your dad hired the kids on the next street to clean out your gutters, and paid you twice as much per hour to supervise them.

2007-08-06 10:41:18 · answer #2 · answered by TG 7 · 0 0

Actually the trade imbalance offsets almost exactly th dollar value of our debt that China currently holds. So in the example that we even the trade, if they should call us out on our bedt, we lose a lot as a people because our tax dollars will be needed to pay that debt. So whitch do you prefer a 50 percent tax on salary, or a lot of stuff that says made in China...

2007-08-06 10:35:55 · answer #3 · answered by this_takes_awhile 3 · 0 0

The same reason so many of our businesses have to relocate out of the country, TOO HIGH OF TAXATION. If I could save millions a year because of a lower tax system in a different county, hmmmmmm. What would you do. We can't make it cheaper here, so import it to keep cost down. Simple economics, too bad though. With Hillary saying she wants to take profit money from a company, why not go overseas

2007-08-06 12:07:33 · answer #4 · answered by The Angry Elephant 4 · 0 0

So, you oppose capitalism -- free market economy....?

You want the govt to regulate who and where businesses and consumers are allowed to buy from.... which is socialism.

Because the "trade imbalance" is a natural result of businesses and consumers choosing among competing market providers for goods and services -- which is the essence of capitalism.

2007-08-06 10:34:20 · answer #5 · answered by coragryph 7 · 0 0

Ah, but big business like Wal-Mart are making huge profits working with China and big business and their lobbyist own the US Government and both parties.

2007-08-06 10:43:20 · answer #6 · answered by Michael B 5 · 0 0

The reality is George Bush and Americans see it clearly. Republicans are going down.

2007-08-06 10:37:05 · answer #7 · answered by Fern O 5 · 0 0

US Politicians must stop bickering but must concentrate on improving the economy to get par with China which is now booming economically and could be superior militarily in the future.

2007-08-06 10:33:23 · answer #8 · answered by FRAGINAL, JTM 7 · 3 1

they won't

it would be up to us, to vote for, and legitimize a 3rd and/or 4th party candidate ... and break up to power coup the Democrats and Republicans have in Washington

Democrats and Republicans are on the same side really, the stay in power side ... they would prefer that we fight over 'the lesser of two evils' ... then do any critical thinking

2007-08-06 10:37:13 · answer #9 · answered by Anonymous · 0 0

the dumbing down of the U.S. economy has been happening for YEARS... they KNOW it's happening.

seems to be a pattern that they are just blind to - on purpose.


there are some astounding changes afoot in the U.S., and much swifter than even the conspiracy theorists could imagine...

2007-08-06 10:34:54 · answer #10 · answered by Anonymous · 1 0

As in a lot of our national problems, it will probably get solved AFTER we have a viable third political party, so the jerks start paying attention!

2007-08-06 10:33:01 · answer #11 · answered by marconprograms 5 · 1 1

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