Clipmarks
gemfemfoxfollowshare
2-5-2009 5:53 PM
181 views
gemfemfox says:
The article goes on to state that the powers that be are ignoring this, even as our countries crumble under unemployment and increased government spending.
2 Comments   | Add a Comment
2-6-2009 12:34 PM
Richclips777
Fewer jobs in the US will mean less buying on Chinese (and other) goods. It's already happening.
2-6-2009 7:37 PM
gemfemfox
Then how did China ADD 1 million manufacturing jobs in the 4th quarter as we shed hundreds of thousands (more)?

For every job lost in manufacturing in the US, China adds 2 to 3. Now they are adding them in technology and R&D for American companies.

Lastly, China doesn't need us anymore. With nearly 2 billion people and growing, their middle class is already BIGGER than our entire population (350 million people). Their middle class grows every day, while ours has been steadily shrinking-as evidenced by the continuous reduction of average hourly wage (which includes health insurance btw) and number of non-government payrolls.

But, I give up. Both sides continue to spend money we don't h...
Login to Comment.  Not a member yet? Sign up
Embed This Clip In Your Site...

New from the makers of Clipmarks:  Amplify.com - Don't just share the news...Amplify it!

OK