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-   -   USA tells China to put a sock in it (https://gfy.com/showthread.php?t=376539)

VeriSexy 10-24-2004 03:43 AM

USA tells China to put a sock in it
 
THE US TRADE deficit with Communist China will reach $140 billion this year according to the august Wall St Journal and so the government has decided to do something about this.
The Bush administration has imposed a quota on sock imports from China. Imports of Communist socks are having a terrible effect on the USA home grown sock market, it appears, so there will be a cap put on Chinese hosiery.

The Bush administration is reacting to lobbying from US textile manufacturers. They feel that an avalanche of low cost socks may ruin their own hosiery business. They also want a cap put on underwear as well. But not on caps yet, it appears.

Earlier this year the US government imposed a cap on night dresses and bras. Do people still wear night dresses?

Last year a staggering 265 million pairs of socks were imported from China. Not surprisingly, big shops are protesting against the move which could hole their own plans, darn it.

Few people these days remember the practice of darning socks, using special hardware devices called darning needles. These days, patches are restricted to software products, it appears

http://www.theinquirer.net/?article=19243

:1orglaugh :1orglaugh :1orglaugh

{fusion} 10-24-2004 03:50 AM

i like how they use the word communist alot in the article :)

communist socks must be red

johndoebob 10-24-2004 03:53 AM

http://207.150.167.190/img61/2913/error2.gif

Manowar 10-24-2004 04:45 AM

:1orglaugh

LiveDose 10-24-2004 04:56 AM

Quote:

Originally posted by {fusion}
i like how they use the word communist alot in the article :)

communist socks must be red

Any connection to Boston?:)

fr33s3x 10-24-2004 05:30 AM

:1orglaugh

candyflip 10-24-2004 10:13 AM

I saw a show on CNN about this. 5 years ago 80% of all socks were made here in the states, for something like $.30 per pair.

Now 60% are made in China at a cost of about $.05 per pair.

Lots of people out of work because of this.

PenisFace 10-24-2004 10:15 AM

I know a guy who lives in Hong Kong, and he said life is fine there, he doesn't know what the fuss about communism is :glugglug

adjektiv 10-24-2004 12:41 PM

Quote:

Originally posted by PenisFace
I know a guy who lives in Hong Kong, and he said life is fine there, he doesn't know what the fuss about communism is :glugglug
Try reading a history book and you will learn what the fuss is about and why Hong Kong is mostly free.

reynold 10-25-2004 03:21 AM

i never thought sock business was big in china


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