A political question: Should US bomb Chinese Factories?

Should US bomb Chinese Factories?

GWB’s tax reductions, especially for people like Warren Buffett with incomes greater than $250,000 did “trickle down” to create jobs in China. (Buffet owns 10% of BYD motors, which is selling the electric hybrid car seen below for half the price of Chev’s Volt and it goes farther before the gasoline motor kicks in.)

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In 2008 cost = $22,000 but perhaps lower now as production volume is up.

These modern Chinese factories with less than half the US labor cost will keep closing non-competitive US factories for many years (until long after GWB is dead).
The US factories that the GWB’s trickle down did not close are staying open only by outsourcing many jobs.

The US economy cannot recover while these more modern factories with cheaper labor exist.
US unemployment will continue to grow; domestic sales will continue to contract as total worker income drops; and Keynesian government deficits will accelerate as the interest payment on the ever larger debt grow. To finance the growing debt, either the FED will increasing print money or interest rates will soon be rising. Financing the debt is becoming harder as China has for half a year been REDUCING its holding of US Treasury paper. (Now is not a net lender to the US anymore.)

GWB’s depression is unavoidable*, but by going ever deeper into debt Obama may be able to delay it until his first (and only) term as POTUS is over. Back when GWB still had nearly two years left as POTUS, I foresaw his depression coming and posted predictions that it would quickly follow a run on the dollar, which would take place on or before Halloween 2014. The US will NEVER recover from that depression so long as those more modern Chinese factories GWB’s trickle down built exist. Thus, in self preservation mode, the US must destroy them, while it still can.

I vote yes. It is like ancient Rome had to salt the fields of Carthage when Carthage threatened to destroy Rome. China threatens to destroy the dollar and thus the US economy. We need to undo the damage GWB’s trickle down did – I.e. destroy the better than US factories that GWB’s trickle down built.

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*I have many posts explaining why it is inevitable. The most recent is here:
http://www.sciforums.com/showpost.php?p=2605819&postcount=347
A more detailed post on why it is GWB’s depression is here:
http://www.sciforums.com/showpost.php?p=2599722&postcount=131 (The second, longer part of the post)

 

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Why not make products here that can compete with them instead. Products that are made better, faster and higher quality where everyone would enjoy owning them as at one time they did. Trying to solve problems by destruction only brings more problems back to you in the long run I'd believe. What would the world think of America who goes over and starts a war just to be king of the marketing hill? That's not very good thinking now is it. Working smarter, innovating and getting it done faster would be the better way to overcome trade.

 

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The answer is that US cannot. For example, if Chevy could make a car like the one shown in OP with better performance for half the price of its Volt, don't you think they would have?

Much of the problem is US failure to produce graduates who understand science (and have critical analysis skills that type of education produces.) in even the same percentage of its population as China does. This shows up in the planning processes as well. All but one of the CCP leadership has an engineering science education. (That one is a Geologist.) Not one lawyer! The US leader ship is more than 95% lawyers by education.

The Chinese economic system is better than the US's which has very little long range planning. (If benefits only come after the next election; forget about significant funding or those investments.) China's infrastructure investments are planned in a series of ten 5-year plans yet they let the invisible hand of Adam Smith decide what is produced for the consumer market place. Thus China can and is signing 30 year contracts for the energy and mineral resources it will need in the distant future. It does this in part to spend its hoard of dollars, which will in less than a decade have less than 10% of their current purchasing power, if not totally worthless.

Your suggestion is much like Marie Antoine’s "Let them eat cake" when told the people had no bread. A nice idea, but completely out of touch with reality.

 

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No, because they look at profit more than economy.

There are many cars being made today that are actually cheaper than Volt and better milage as well. Plus they can be made cheaper.

 

I agree. For decades big oil and Detroit had an unspoken agreement: Detroit would make big gas hogs which had more profit per unit than the cars being sold in Europe, etc. The US government was part of this agreement too. - Starting with Eisenhower's federal hi-way program and the lack of funding for public transport. Madison Avenue played its role too - telling poorly educated Americans, who could not think independently of what TV was telling them, that they were failures if they drove a VW beetle, etc.

Again poor general education is at the foundation of US's problems. I forget the author, but book "A nation of sheep" put it well long ago.

 

The US can make good cars, that isn't the issue. The issue is trade policies which make Chinese products cheap. American cars aren't cheap in China, why should the reverse be true?

 

Yes but use Chinese bombs, they are cheaper.

 

Lower production costs and usually very little R&D expense as design is a copy. Not always true as China can innovate.

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Bus's rear looking Radar tells too tall trucks not to enter, etc.

Construction is now starting. Only 10% as costly as a subway and greatly reduces traffic congestion. See more photos and details at:
http://www.sciforums.com/showpost.php?p=2596039&postcount=278

 

We can add a tax to make up the difference as they enter our ports. Problem solved.

 

Two problems with that;
(1) They will do the same.
(2) Joe American likes to buy cheaper goods (wall-mart etc.) and will vote out of office politicians you make his cost of living higher.

 

That's the stupidest fucking thing I have ever seen.

 

I'd disagree with you on that point. There are multiple problems , as I pointed out one of them already, others are greed, unions and lies.

 

They are actually making these things? Id like to see a real life example. I assume these cant go round corners, like one of the pictures show. Unless the whole thing is made from rubber...

 

1. They already do.
2. Joe American would have more money to spend if they had a good union job in manufacturing. Like in the 1950's when a man could earn enough to raise a whole family all by himself.

 

Why do you want to prevent the Depression in the USA? I see it as the only way Americans may return to Civic mindedness.

 

The reason that was because the economy was in very good shape and prices were very low. The average wage per year was under $8,000.00 for most everyone. That went far when gas was under 25 cents per gallon, homes cost averaged under $20,000.00 and you could have a meal for there for under $10.00. You'd need to make over $100,000.00 to have the same style of living today, do you know many that make that amount?

 

Of course few people make that much now, our unions have been decimated and our domestic industry packed up and shipped to China.

 

In the 1950s the USA's industrial competitors were recovering from bombing and war.
Those nations that had been industrial prior to WW2 but not bombed, USA, Canada Australia, Switzerland, Sweden and Argentina were the wealthiest nations.

It is different now. The USA must either abandon free trade or abandon it's middle class or stop letting foreign investment into the USA prop the dollar up at levels where American workers can not compete to produce products for Americans.

I will keep buying the products made by low paid Chinese workers if you let me. I won't pay more for American made products unless my American neighbors also must pay more for American made products.

 

From memory (see my link's Peoples Daily links for the facts) I think they have the funding and the first stretch of many kilometers is beginning construction.

I too would assume that they cannot turn any 90 degree turns. I have the impression they are no longer than a train car, so can make slow turns. Perhaps they are double ended like subway cars and just reverse direction at the end of the line (changing to the other traffic lane too) OR, like trains locomotives, they turn around on a turn table at the end of the line. Certainly they can make the slow turns shown in the second picture at my longer post as it looks like they use rubber wheels, not rigid connections to rails like a train. From the first photo, it looks like there is a black line on the roadway they follow optically, except when driver takes manual control.

 

I say we stop allowing money to influence our politics, then perhaps the well being of the American worker will be our primary concern, and not the profit margins of corporation.