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well china has a huge growth, but after the 2008 crisis I can still raise my eyebrows. why would americans really care inequality in china ? if american politi
by jokoon 12y ago
well china has a huge growth, but after the 2008 crisis I can still raise my eyebrows.
why would americans really care inequality in china ? if american politics want to reduce inequality, they want to do it in their country, not in developing countries.
- seanflyon 12y agoSome people care about people in general, even if they are far away.
- digikata 12y agoIf you live in America and are struggling to make enough to feed and house your family, it's a moot point that the numerical income level puts them in the 1% around the world.(or whatever the percentage is) Local inequality matters.
- seanflyon 12y agoLocal purchasing power is quite different from local inequality
- nextweek2 12y agoEverybody should care, it has a direct impact on you. If workers in China and India are earning more money and there is less of a gap between what an American gets paid, it makes less sense to outsource. I could hire workers locally for similar wages and not have a 12 week lead time on manufactured goods.
- jokoon 12y agoand how do you want american politics to do something about china ?