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Old 02-25-2005, 05:37 PM   #3981
Spanky
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Join Date: Feb 2005
Location: With Thumper
Posts: 6,793
bad news, club

Quote:
Originally posted by Tyrone Slothrop
Some of those consumers who would otherwise benefit from prices depressed by the subsidization of Chinese manufacturers don't have money to spend because their employers can't compete with those Chinese manufacturers.

How odd that we tend to think of the average citizen as a consumer instead of a producer. Hello, trade deficits.
Lets not forget the new service jobs created in the US because the US consumers have more discretionary spending from the money they saved on the cheap chinese products. Let us not also forget almost every citizen benefits from the cheap products were very few actually lose their jobs.
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