Fast Track to Lost Jobs
Cheap
Labor Fuelling Growth, or unemployment depending on which side of the world you
are on.
The average labor costs of industries in China are only 5 percent of those in developed countries like the United States, Japan and Germany, said the statistics. If you look at the things we are exporting you will see that most of them are raw materials and machinery that will help other countries produce things more efficiently.
Japan’s cost of living is higher than the USA but we still buy their products. It is because they are doing the same thing USA corporations are doing, they are getting their products manufactured in China.
If American citizens do not buy American products because they are too expensive, why do we think the rest of the world will be dumb enough to buy our products.
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Cheap Labour Fuelling Growth |
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China's high-quality but relatively cheap labor force will
allow the country's economy to maintain its rapid growth in the coming
decade, an industry expert predicted yesterday. China's
economic scale is expected to increase threefold by the end of 2020, as the
advantages brought by the country's labor force continue to build, said Lu
Zheng, director of the Institute of Industrial Economics under the Chinese
Academy of Social Sciences. Lu made the
remarks yesterday at the Forum of the Fourth Shanghai International Industry
Fair held by the Shanghai Economic Commission. Economic
experts from the United States and Japan also joined the forum to discuss the
prospects of the Chinese economy. According to
statistics from the academy, there are at least 2.5 million college students,
more than 60 percent of whom are studying science and technology. These
well-educated youths are expected to enter the country's labor market
incrementally in the coming years. Meanwhile the
average labor costs of industries in China are only 5 percent of those in
developed countries like the United States, Japan and Germany, said the
statistics. "No
other country can provide such a huge number of cheap educated
laborers," noted Lu. Such a "comparative
advantage" will last at least two decades and contribute to the
country's further economic growth, according to Lu. Lu urged
domestic multinational companies to take advantage of China's high-quality
technicians by setting up more research and development (R&D) programs in
the country. China's total
R&D expenditures in 2000 totaled US$10.7 billion and accounted for 1
percent of the country's gross domestic product (GDP) that year. This is
equaled by the annual R&D investment of Germany-based Siemens alone,
according to academy statistics. (China Daily November
7, 2002) |
http://www.china.org.cn/english/MATERIAL/48127.htm
http://www.made-in-china.com/prod/catlist/?for=listsubcat&cat_id=117
Nafda
Trade deals accelerate
deficits, eliminate jobs
Under
NAFTA and the WTO, trade deficits have accelerated rapidly and eliminated a net
total of 3 million actual and potential jobs from the U.S. economy. EPI's Issue
Brief Phony Accounting
and U.S. Trade Policy details the Bush Administration's tactics to sell
more such trade agreements to the American public. A news
release 
is
also available.
See how Congress voted on fast track, The final House vote tally and the final Senate vote tally.
Failing Corporations
Integrity – to expect human beings to “do the right thing” is naive at best. We need to be a country of LAW. What happened to the IRS?
The good news: It is becoming apparent that big businesses, left to their own devices, will self destruct.
The bad news: We as citizens have lost control over corporations.
Corporations rob from the poor to give to the rich.
House
It is not hard to see which party is on the side of the working man. (globalequality)
FINAL VOTE RESULTS FOR ROLL CALL 370
(Republicans in roman; Democrats in italic; Independents underlined)
H R 3009 YEA-AND-NAY
27-JUL-2002 3:30 AM
QUESTION: On Agreeing to the
Conference Report
BILL TITLE: Andean Trade
Preference Act
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--- YEAS 215 --- |
||
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|
Gillmor |
Ose |
|
Akin |
Gilman |
Otter |
|
Armey |
Goodlatte |
Oxley |
|
Bachus |
Goss |
Pence |
|
Baker |
Granger |
Peterson (PA) |
|
Ballenger |
Graves |
Petri |
|
Barr |
Green (WI) |
Pickering |
|
Barton |
Greenwood |
Pitts |
|
Bass |
Grucci |
Platts |
|
Bentsen |
Gutknecht |
Pombo |
|
Bereuter |
Hall (TX) |
Portman |
|
Biggert |
Harman |
Pryce (OH) |
|
Bilirakis |
Hart |
Putnam |
|
Boehlert |
Hastert |
Radanovich |
|
Boehner |
Hastings (WA) |
Ramstad |
|
Bonilla |
Hayworth |
Rehberg |
|
Bono |
Hefley |
Reynolds |
|
Boozman |
Herger |
Riley |
|
Brady (TX) |
Hill |
Rogers (KY) |
|
Brown (SC) |
Hilleary |
Rogers (MI) |
|
Bryant |
Hinojosa |
Ros-Lehtinen |
|
Burr |
Hobson |
Royce |
|
Burton |
Horn |
Ryan (WI) |
|
Buyer |
Houghton |
Ryun (KS) |
|
Callahan |
Hulshof |
Saxton |
|
Calvert |
Hyde |
Schaffer |
|
Camp |
Isakson |
Schrock |
|
Cannon |
Issa |
Sensenbrenner |
|
Cantor |
Istook |
Sessions |
|
Carson (OK) |
Jefferson |
Shadegg |
|
Castle |
Jenkins |
Shaw |
|
Chabot |
John |
Shays |
|
Chambliss |
Johnson (CT) |
Sherwood |
|
Collins |
Johnson (IL) |
Shimkus |
|
Cooksey |
Johnson, Sam |
Shuster |
|
Cox |
Keller |
Simpson |
|
Crane |
Kelly |
Skeen |
|
Crenshaw |
Kennedy (MN) |
Skelton |
|
Cubin |
Kerns |
Smith (MI) |
|
Culberson |
King (NY) |
Smith (TX) |
|
Cunningham |
Kingston |
Smith (WA) |
|
Davis (CA) |
Kirk |
Snyder |
|
Davis (FL) |
Knollenberg |
Souder |
|
Davis, Tom |
Kolbe |
Stenholm |
|
Deal |
LaHood |
Sullivan |
|
DeLay |
Larsen (WA) |
Sununu |
|
DeMint |
Latham |
Sweeney |
|
Diaz-Balart |
Leach |
Tancredo |
|
Dicks |
Lewis (CA) |
Tanner |
|
Dooley |
Lewis (KY) |
Tauscher |
|
Doolittle |
Linder |
Tauzin |
|
Dreier |
Lucas (KY) |
Terry |
|
Dunn |
Lucas (OK) |
Thomas |
|
Ehlers |
Manzullo |
Thornberry |
|
Ehrlich |
Matheson |
Thune |
|
Emerson |
McCrery |
Tiahrt |
|
English |
McInnis |
Tiberi |
|
Etheridge |
McKeon |
Toomey |
|
Everett |
Mica |
Upton |
|
Ferguson |
Miller, Dan |
Vitter |
|
Flake |
Miller, Gary |
Walden |
|
Fletcher |
Miller, Jeff |
Wamp |
|
Foley |
Moore |
Watkins (OK) |
|
Forbes |
Moran (KS) |
Watts (OK) |
|
Ford |
Moran (VA) |
Weldon (FL) |
|
Fossella |
Morella |
Weller |
|
Frelinghuysen |
Myrick |
Whitfield |
|
Gallegly |
Nethercutt |
Wicker |
|
Ganske |
Ney |
Wilson (NM) |
|
Gekas |
Northup |
Wolf |
|
Gibbons |
Nussle |
Young (FL) |
|
Gilchrest |
Osborne |
|
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--- NAYS 212 --- |
||
|
|
Hastings (FL) |
Ortiz |
|
Ackerman |
Hayes |
Owens |
|
Allen |
Hilliard |
Pallone |
|
Andrews |
Hinchey |
Pascrell |
|
Baca |
Hoeffel |
Pastor |
|
Baird |
Hoekstra |
Paul |
|
Baldacci |
Holden |
Payne |
|
Baldwin |
Holt |
Pelosi |
|
Barcia |
Honda |
Peterson (MN) |
|
Barrett |
Hooley |
Phelps |
|
Bartlett |
Hostettler |
Pomeroy |
|
Becerra |
Hoyer |
Price (NC) |
|
Berkley |
Hunter |
Quinn |
|
Berman |
Inslee |
Rahall |
|
Berry |
Israel |
Rangel |
|
Bishop |
Jackson (IL) |
Regula |
|
Blagojevich |
Jackson-Lee (TX) |
Reyes |
|
Blumenauer |
Johnson, E. B. |
Rivers |
|
Bonior |
Jones (NC) |
Rodriguez |
|
Borski |
Jones (OH) |
Roemer |
|
Boswell |
Kanjorski |
Rohrabacher |
|
Boucher |
Kaptur |
Ross |
|
Boyd |
Kennedy (RI) |
Rothman |
|
Brady (PA) |
Kildee |
Roybal-Allard |
|
Brown (FL) |
Kilpatrick |
Rush |
|
Brown (OH) |
Kind (WI) |
Sabo |
|
Capito |
Kleczka |
Sanchez |
|
Capps |
Kucinich |
Sanders |
|
Capuano |
LaFalce |
Sandlin |
|
Cardin |
Lampson |
Sawyer |
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Carson (IN) |
Langevin |
Schakowsky |
|
Clay |
Lantos |
Schiff |
|
Clayton |
Larson (CT) |
Scott |
|
Clement |
LaTourette |
Serrano |
|
Clyburn |
Lee |
Sherman |
|
Coble |
Levin |
Shows |
|
Condit |
Lewis (GA) |
Simmons |
|
Conyers |
LoBiondo |
Slaughter |
|
Costello |
Lofgren |
Smith (NJ) |
|
Coyne |
Lowey |
Solis |
|
Cramer |
Luther |
Spratt |
|
Crowley |
Lynch |
Stark |
|
Cummings |
Maloney (CT) |
Stearns |
|
Davis (IL) |
Maloney (NY) |
Strickland |
|
Davis, Jo Ann |
Markey |
Stupak |
|
DeFazio |
Mascara |
Taylor (MS) |
|
DeGette |
Matsui |
Taylor (NC) |
|
Delahunt |
McCarthy (MO) |
Thompson (CA) |
|
DeLauro |
McCarthy (NY) |
Thompson (MS) |
|
Deutsch |
McCollum |
Thurman |
|
Dingell |
McDermott |
Tierney |
|
Doggett |
McGovern |
Towns |
|
Doyle |
McHugh |
Turner |
|
Duncan |
McIntyre |
Udall (CO) |
|
Edwards |
McKinney |
Udall (NM) |
|
Engel |
McNulty |
Velazquez |
|
Eshoo |
Meek (FL) |
Visclosky |
|
Evans |
Meeks (NY) |
Walsh |
|
Farr |
Menendez |
Waters |
|
Fattah |
Millender-McDonald |
Watson (CA) |
|
Filner |
Miller, George |
Watt (NC) |
|
Frank |
Mink |
Waxman |
|
Frost |
Mollohan |
Weiner |
|
Gephardt |
Murtha |
Weldon (PA) |
|
Gonzalez |
Nadler |
Wexler |
|
Goode |
Napolitano |
Wilson (SC) |
|
Gordon |
Neal |
Woolsey |
|
Graham |
Norwood |
Wu |
|
Green (TX) |
Oberstar |
Wynn |
|
Gutierrez |
Obey |
Young (AK) |
|
Hall (OH) |
Olver |
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--- NOT VOTING 7 --- |
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|
Lipinski |
Stump |
|
Combest |
Meehan |
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|
Hansen |
Roukema |
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