Political & Elections

BigG · Guru

RE: China Discriminates Against US Firms

Abyss · Senior Member

Bullet wrote:

Abyss wrote:

We should simply hold the tariff ultimatum up. They can do nothing to us except make our debt more expensive. Exports to American is an extremely significant fraction of their overall economic output.

Or call our notes "due". Looks pretty bad to the rest of the world when we reneg on them, wouldn't you say?

More strict intellectual property rights enforcement and penalties wouldn't hurt for now. Enforcing them with actual consequences will be the tough part.
China has built up its economy and manufacting base mostly through illegal copying of intellectual property, backwards engineering, and exploitation of lack of worker compensation. Making it harder for them to continue this method would put just a little damper on their sudden "inevitable" rise to world dominance, wouldn't you say?

It'd buy us 5-10 years in the overall scheme of things. The wage difference is such that massive amounts of the 1st world economies will be hollowed out in favor of Chinese labor.

Bullet · Senior Member

Abyss wrote:

We should simply hold the tariff ultimatum up. They can do nothing to us except make our debt more expensive. Exports to American is an extremely significant fraction of their overall economic output.

Or call our notes "due". Looks pretty bad to the rest of the world when we reneg on them, wouldn't you say?

More strict intellectual property rights enforcement and penalties wouldn't hurt for now. Enforcing them with actual consequences will be the tough part.

China has built up its economy and manufacting base mostly through illegal copying of intellectual property, backwards engineering, and exploitation of lack of worker compensation. Making it harder for them to continue this method would put just a little damper on their sudden "inevitable" rise to world dominance, wouldn't you say?

Abyss · Senior Member

We should simply hold the tariff ultimatum up. They can do nothing to us except make our debt more expensive. Exports to American is an extremely significant fraction of their overall economic output.

BigG · Guru

http://online.wsj.com/article/SB10001424052748704678004576089872396298438.html?mod=googlenews_wsj

DUHHHH!!!!

I would modestly suggest that a society that does not believe in physical property certainly does not believe in intellectual property.

China is a suckers' game for companies interested in more than quick bonuses for a few executives.

Isolationism and protectionism are the only hope for the mass of US citizens.

If out "traditional elite" won't support that, let's elect anyone who will.

-- Edited by BigG on Tuesday 18th of January 2011 08:21:30 PM