Red China: Chinese think tank warns US it will emerge as loser in trade war

The Telegraph ^ | 9/14/2010 | Ambrose Evans-Pritchard

[kinghorse]

It wasn’t that long ago Walmart’s main selling point was Made in America. That sort of died out over time. But it used to be plastered all over their stores when Sam Walton was still alive, bannered in red, white and blue.

[PMAS]

I will say that a lot of the products made in China are made like sh!t and have to be replaced faster.

[caww]

Last years news...sorry...wouldn’t know where to begin to look now...but it was when Hillary and Geitner and their crew made their second trip to China....about the time China was telling the Washington to watch their spending.

[Hoosier-Daddy]

Lowering the corporate tax rate to 0% on those items that are made here from 100% US parts would cause an explosion of manufacturing and higher end jobs here in the US.

Which is why Congress will never let it happen.

[TopQuark]

"Paying $0.50 more for a US made pen instead of a foreign made pen. "

And how are you going to implement this --- via tariffs? And what about TV sets, given that none is produced in the U.S. for decades?

[TopQuark]

The ensuing anger will surely unite the public around the existing government. Is that what you want?

Trade wars are not football. THe last time we did that (1929), we lost.

[Colvin]

How many of our jobs are dependent on overseas trade?
Is Yours?
Out of my family, 1 out of 10 has a job dependent on overseas trade. The rest of us are in education or technology.
And if someone opened a factory, she could easily get a job there with her skills.
So I see NO downside other then a short period of adjustment.

[jveritas]

And how are they going to take the land? Invade us? LOL... get real.

[1rudeboy]

So I’ll just go ahead and guess that the story is BS.

[1rudeboy]

I remember when going to a Ponderosa Steakhouse got you a real steak, but I’m old . . . .

[hedgetrimmer]

Because Ahnold Schwarzenegger is giving California’s transportation bond money to China so they can run their ‘trains’ here.

[10Ring]

When I was a kid (10-15) I had paper routes and all of the drivers were Teamsters. It didn't take me long to catch on that "fairness" wasn't exactly a priority. I'm not saying the shenanigans were egregious, but I made sure to pay the bill early every week and never let a complaint rise above the driver to anyone at the newsplant. Oh yeah, and scoping out choice garbage pickings didn't hurt either. Once, my mom told me to have the driver help me with a dog problem...sheesh Mom don't do me any favors...lol.

These experiences helped me out later in life at a quaint little spot called McCormick Place.

[SunkenCiv]

Dorral ping.

[MonicaG]

Bad*ass! Tell it!

[hedgetrimmer]

You support “free trade”.

[Colvin]

I fail to see that it would unite people behind Obama, unless he pushes for it.
Sorry, but the pain of seeing my fellow Americans out of work is too much.

[OneWingedShark]

Considering that we have so little manufacturing/production in the US [comparatively to our consumption, I mean]; and in conjunction with all the regulations and taxations; this leads to an utterly unsurprising (and obvious) outcome for any sort of “trade war.”

[Last Dakotan]

Paying $0.50 more for a US made pen instead of a foreign made pen.

We still make pens? Where?

I drove past the Janesville, WI location of the former Parker Pen plant once. They saved the front door.

[OneWingedShark]

>>to know I’d be saving money over the long haul by buying the US made pen.
>
>Always buying the more expensive product is your recommendation for saving money?

Maybe TwelveOfTwenty is part of the Collective known as Government Employees... “buy the most expensive product” sounds an awful lot like government contractor-work (i.e. one of the corrupt sides).

[/cynic]

[Last Dakotan]

That's not the problem, really. I jumped from the #4 (at the time, in terms of market share) steel fab company to the #1 steel fab company in the United States...

Name of company please.