Quote:
Originally Posted by stickyfingerz
Ok now examine WHY they are doing well. They pay super low wages, no benefits, no unions, no politically correct people forcing them to have handicap people that are unsuited to do a job working there. No lawsuits cause someone made an off color remark, no sexual harassment laws, blah blah. Child labor, sweat shops, etc etc. Ya Americas outgoing economy could be much much better if we could afford to make products as cheaply as they do. Our country has work place safety requirements, insurance etc etc etc. They dont. You keep telling me to look at the big picture, but you seem to be zooming right in past the real details..
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China and India are both different in their backgrounds. Since when was there a concern over the welfare of those who produced cheap shit you could by with the extended facility on your credit card?
Agree there are plenty problems - what exactly has that to do with "thriving economies"? Nations start somewhere and progress from that point. The Chinese economy has been aided substantially by it's own domestic consumer market and, in turn, has speeded up their economy - to the benefit of the population.
You mention "America's outgoing economy" - where is that? Even long before either China or India started to become a part of the global economy, where exactly was the US?? Still producing trade deficits on an annual basis - that is without the competition you were claiming from Asian nations.
The US has plenty going for it at all levels, but is simply not performing on a global basis. What can it offer? Cars? Nope. Technology? Nope - both these elements operate on a trading deficit. What it does offer is arms and wheat - the only two elements which show a trading surplus.
Trying to assign blame on any other nations for a lack of a "thriving economy" is a joke. Other western nations have the same issues, but generally produce a balanced economy without borrowing from "third world countries".