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So you and I both agree on that point: most consumers, outside of purchasing something truly large, for everyday shopping, simply can't be bothered to weigh purchases according to where the label says it was made. Even at the peak of the earlier iterations of trade wars, in the '80s, I don't recall hearing "buy American" being thrown around when my mother went to buy groceries or my dad went to pick up lumber fasteners at the hardware store. But then this raises another question: at what point did the question of *where* something was manufactured extend down from sedans and TVs to light bulbs, dish detergent and 12d nails?
George H. W. Bush's life in China opens a fascinating window into one of the most formative periods of his career. As head of the United States Liaison Office in Beijing from 1974 to 1975, Bush witnessed high-level policy deliberations and daily social interactions between the two Cold War superpowers. The China Diary of George H. W. Bush offers an intimate look at this fundamental period of international history, marks a monumental contribution to our understanding of U.S.-China relations, and sheds light on the ideals of a global president in the making.
originally posted by: Stupidsecrets
All Presidents starting with Nixon sold us out to China. Go read a book about the US and China relationship. It was Nixon who opened up trading with access to China's slave labor. We even cleaned and dredged their rivers filled with junk boats to facilitate more trade. Before that it was impossible to trade with them. Large boats could not make it through China's main waterways.
Once trade took off look what happened. Every President has steadily sold out American workers and families. Quality of goods and materials have declined, massive trade deficits, lowered wages, obtuse environmental laws making it impossible to keep businesses in the US and corporate raiding on a massive scale.
originally posted by: Edumakated
a reply to: SleeperHasAwakened
We agree that there has to be a guard rail. I guess the only area of debate is how high of a rail?
I've never liked or supported companies moving to China. I understand why they do it, but I also see it as a huge national security issue. The question is if it isn't China, is Mexico OK? What about panama? Vietnam? India? The issue is labor costs as the driving factor in the business decision. Companies that move from China are still probably going to go to some other low cost second or third world country, not back to the US.
I believe govt needs to just create an environment that is inviting to business so that the attraction of moving overseas is not so great. Lower corporate tax rates to something like 1 or 2% for companies that keep manufacturing in the US. I believe we should have tariffs on goods from certain countries that aren't equitable with our standard of living.
Consumers need to hold companies accountable too though by favoring companies that do try to keep jobs local and put the interest of the US first.