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I mean, US businesses willingly shipped their operations to China so it’s not really correct to lay all the blame on them. We could have kept our operations her

I mean, US businesses willingly shipped their operations to China so it’s not really correct to lay all the blame on them. We could have kept our operations here but US business people wanted increased profits so they dismantled our industrial base and paid China to build up theirs.

nerpderp82 4y ago
The 80s and 90s had businesses gushing at the opportunities to * liquidate unions * avoid environmental laws * take advantage of cheap labor Both parties fell over themselves in paving the way for US businesses to move the bulk of their manufacturing outside the country. The Chinese millionaire kids who are buying houses for cash are a product of the distillation of thousands of once blue collar jobs that burned to move production overseas. Any derision in the quality of Chinese made goods should be directed at the companies themselves. Those factories are built what they are told to build. That brand that was once a mark of quality that is now making a shoddy product is just extracting value. Your Macbook Pro and that power tool in name only are made in the same place.
onepointsixC 4y ago
Many businesses had little choice. Their competition went to China and now could out price them while making a profit.
ren_engineer 4y ago
not sure you can say this when corporate raiders and hostile takeovers were the primary cause of all of this. Big difference between 'US business' and Wall Street
- TaylorAlexander 4y ago
  > Big difference between 'US business' and Wall Street This depends on how you and I are using the terms. If you realize that I am using those terms somewhat synonymously, then what I said makes sense. You can disagree with the way I am using the words, but you can at least understand why I would make the claims that I did if that's how I am using those words. I could have said "big business" which is closer to meaning "wall street" but this is semantic shorthand, and some misunderstandings may happen.
moistly 4y ago
> US businesses willingly shipped their operations to China Western governments encouraged it! “They’ll want to democratize!”
- est 4y ago
  To be fair, China did democratize, compared with Mao's era.

nerpderp82 4y ago

The 80s and 90s had businesses gushing at the opportunities to * liquidate unions * avoid environmental laws * take advantage of cheap labor Both parties fell over themselves in paving the way for US businesses to move the bulk of their manufacturing outside the country. The Chinese millionaire kids who are buying houses for cash are a product of the distillation of thousands of once blue collar jobs that burned to move production overseas. Any derision in the quality of Chinese made goods should be directed at the companies themselves. Those factories are built what they are told to build. That brand that was once a mark of quality that is now making a shoddy product is just extracting value. Your Macbook Pro and that power tool in name only are made in the same place.

onepointsixC 4y ago

Many businesses had little choice. Their competition went to China and now could out price them while making a profit.

ren_engineer 4y ago

not sure you can say this when corporate raiders and hostile takeovers were the primary cause of all of this. Big difference between 'US business' and Wall Street

TaylorAlexander 4y ago
> Big difference between 'US business' and Wall Street This depends on how you and I are using the terms. If you realize that I am using those terms somewhat synonymously, then what I said makes sense. You can disagree with the way I am using the words, but you can at least understand why I would make the claims that I did if that's how I am using those words. I could have said "big business" which is closer to meaning "wall street" but this is semantic shorthand, and some misunderstandings may happen.

moistly 4y ago

> US businesses willingly shipped their operations to China Western governments encouraged it! “They’ll want to democratize!”

est 4y ago
To be fair, China did democratize, compared with Mao's era.