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The US really helped China industrialize, they repaid the favor by screwing our economy by letting companies pay super-low wages and crap all over the environme
by csense 8y ago
The US really helped China industrialize, they repaid the favor by screwing our economy by letting companies pay super-low wages and crap all over the environment, and stealing our tech to boot, so all the jobs moved there. US politicians basically ignored the situation until Trump got elected. The trade war is one thing he's done that's actually a step in the right direction.
My idea is that we should tax the heck out of Chinese trade until they stop stealing our technology, pay their people better wages, get a freer political system, and stop challenging US global hegemony.
If China won't, or can't, do those things, at least the taxes will make our government a pile of money and help us rebuild our economy by negating the unfair advantages China's behavior gains them.
- zozbot123 8y agoAt least some of these expectations are logically contradictory. And people in the U.S. might simply not realize how recent and historically-contingent "US global hegemony" really is. Prior to the commonly-acknowledged beginning of the US-URSS Cold War, the closest thing to a "global hegemony" were the UK - which had only just about shed outright political control of their former empire, "on which the sun never sets"!