Reply #12: We haven't lost any jobs to China [View All]

[grantcart]

We have lost labor intensive jobs.


Too understand this rather simple non paradoxical statement you have to understand that low paying labor intensive jobs are as fungible as petroleum.

We have lost low paying $ 15.00 a day jobs in general, it is irrelevent where those jobs have gone they cannot be supported here.

Canning tuna, making tennis shoes, mass produced garment production was moved into other countries even before China became a major producer. If all of the factories in China were closed those jobs wouldn't come here, they would relocate to other countries that would welcome $ 15 per day jobs.

If you are not interested in a factual unemotional discussion of policy don't bother coming here. Stay in GD where highly charged emotional trade positions have taken on a religious, although completely unsupportable point of view.

Approximately 3 billion people live in countries that operate on a subsistance basis. We cannot and should not try to compete in those industries that are highly labor intensive but have low production value. We should concentrate on businesses that require high capital, high technology and high production value.