Anyone have any ideas on how to reach people who could benefit from our lower costs? That is why I posted here, afterall.
I'm just wondering how to line up business to make money and save some money for Americans at the same time. Maybe we'll get an American whose business is struggling and will take off due to reduce costs. Who knows? It's just not as simple as you see it, Todd.
As for our company, we also produce American made versions of our products that cost more and guess what? Most Americans don't want to pay more for the American made version.
Those that pick a fight with the market get beat up.
Everybody is welcome to his or her point of view on the larger issues, and I'm happy to add my point of view after having lived in China for six months - and having spent a lot of time in other countries.
I saw communism first hand in Eastern Europe. That was horrible and by all accounts Mao was a whole lot worse. China today is communist in name only. It's a benevolent totalitarian government. Aside from political organizing, there's nearly complete freedom in China. There is less of a police presence in China than in America. Overall, I'd say there is more freedom in China than America, and that's not necessarily a good thing. ie. freedom to run red lights, freedom to pollute, etc. It's a cash economy with far less government control than in America.
Essentially, what you have in China is a stability at the top and free markets below. In my opinion it's a better model for much of the developing world. Look at Iraq. I think China would look more like Iraq than America if it were a democracy. Instead, it looks more like America everyday.
I wouldn't want a government like China's in America, but I think it's a great government for China. The requirements for managing China are totally different than those that are right for America. I couldn't imagine it better in China and the Chinese seem a lot happier with their government than Americans are with theirs. Their govenment is focused almost solely on growing their economy and it's working. The combination of maintaining a stable government and fostering free markets is well-proven.
We're looking like the overstretched empire with our military fighting two wars and stationed everywhere else. Meanwhile, China doesn't even have one military base abroad, let alone create wars in other countries. All of the their focus is on growing their economy, and it's working. If they're smart they'll keep it that way, but history suggests they'll make the same errors in due time.
Blame China all you want, but America is squandering its opportunity. When you're on top, you should try to protect the status quo and not take risks. Wars are turning points and we're too prone to making them. That's dangerous in more ways than one. In money terms, we've become terribly wasteful and less focused on economics. Our government spending is out of control and there's no way we're going to have strong economic growth under those circumstances.
The problem is that what's best for the country is not necessarily what the people would vote for. That's one of the advantages the Chinese government has. They can really figure out what's best an implement it. If the 700 million poor in China had a vote, then they probably would have something like a communist system. Instead, they have a totalitarian government that imposes free markets on the people and it's creating jobs and opportunities for all Chinese.
If you went to China, you'd be shocked at the amount of poverty. We've got it made over here, and one way to keep it that way is to utilize their cheap labor. Hiring Chinese at $1/hour and having the profits flow back to America is not bad for America. We shouldn't fight it - we should embrace it and enjoy it while it lasts.
Meanwhile, we should cut off the unskilled immigration into America so that wages can rise here. There will always be lots of jobs that need to be done in America. This place can't operate without labor. We should want Americans to make more, not less. Cut off this huge supply of labor pouring in and watch your pay go up.
I also think we should cut military spending, bring the boys home from all around the world, and focus on defending America. Use the savings to pay off the national debt, and then once that's done, cut taxes a third across the board (the amount of our taxes going toward the debt). Our country's economy would sizzle with money.
That's my version of putting America first.