03-05-2008, 05:52 AM
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Banned
Correspondent
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Join Date: Feb 2008
Posts: 295
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Quote:
Originally Posted by Blade
That manufacturing jobs that would leave the US for the PRC was inevitable, after the chinese there decided to stop shooting themselves in the foot with socialism. What the US should already have been doing for about 15 years is implement rational policies in light of these realities - notably, using the fact that many people want to immigrate here to have an immigration policy that favors the skilled, the accomplished, and the high IQ, to create new imaginative products so that we can once again succeed in the world market. Instead, we have become the dumping ground for mexico's poor, so that a few lawbreaking companies can make profits, and the democrat party can get millions of more voters. Democrat leaders don't care if the ship is sinking, as long as they're the captain.
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Quote:
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That manufacturing jobs that would leave the US for the PRC was inevitable, after the chinese there decided to stop shooting themselves in the foot with socialism.
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This is not what happened. China was a stagnant craphole, in danger of going nowhere, and fast. Then something incredible happened, something that the Chinese had been demanding for many, many years. MOD EDIT: **profanity deleted** Clinton granted them 'Favoured-Nation' trading status.
I am Canadian and I know the real reasons why China's economy is growing. You should all kiss Clinton's butt for selling out your country. Look for yourselves. I become bloody tired of teaching you Americans your own bloody history:
Quote:
Clinton victory as Senate votes for China trade pact
Independent, The (London), Sep 20, 2000 by Mary Dejevsky in Washington
THE US Senate was set to hand President Clinton a signal victory last night, voting by a solid majority to normalise trade relations with China despite international unease over its human rights record.
Passage of the Bill, which grants China permanent "most favoured nation" status and clears the way for it to join the World Trade Organisation, is likely to be seen as one of the biggest achievements of Bill Clinton's presidency.
The White House said that the vote would mark a turning point in US-China relations, comparable to Richard Nixon's epoch-making visit to Peking in 1972. The US trade representative, Charlene Barshevsky, said the new law not only provided "tremendous opportunities for US workers, farmers and businesses", it was also "the best way to promote reform in China and stability in the region". The retiring senator for New York, Daniel Patrick Moynihan, described the vote as one of the most important since the Second World War.
Once Mr Clinton signs the Bill into law, Congress will be able to abandon its annual jousting match over "most favoured nation trading status" for China, which has been a hostage to political circumstances for the past 20 years.
Yesterday's vote followed days of impassioned debate on the Senate floor and in committee, where opponents of the Bill argued that it granted one- sided trade advantages to China and would only depress wages and lead to job losses in the United States. China currently enjoys a $68bn (pounds 48bn) surplus in trade with the US, supplying it with all manner of low-priced consumer goods, from toys to telephones and kitchen appliances.
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Duh? American morons. The opponents of the Bill have proven to be 100% correct.
Last edited by raytri; 03-05-2008 at 07:06 AM.
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