Worldfocus

11/03/2009 :: 02:24:51 AM
Ted Sarlington Says:

While there may be some manufacturing loss, there are other aspects to the value chain which can bring wages to American workers. Using the site below as an example, I can see at least 4 points where Americans would profit from the sale of a Chinese-made tire: http://Tires.TheSecretMechanic.com

Overall, things like this just move us up the chain, and the lesser developed nations absorb the more labor intensive tasks.

09/26/2009 :: 05:06:07 PM
Wesley Johnson Says:

What I hate is that everyone thinks that the US doesn’t make anything anymore. That’s not true! We are still the world’s largest manufacturer. America has had around 30 million manufacturing jobs since the 1960s. We only think we are losing them because they are moving from the Midwest to the South.

09/16/2009 :: 12:15:10 AM
Henry Says:

The US economy is still very large compare to China. If China keeps it growth rate at the current speed probably takes another 10-15 years to overtake the US.

09/15/2009 :: 06:25:21 PM
michael molesky Says:

like it or not were in a bad recession and all american manufacturing jobs are gone foverer.this is why china will become major force in the whole world econmy.

09/15/2009 :: 01:31:44 PM
don ford Says:

Is the Pope a Catholic? Of course China will become the world’s leading economic and military power. Chairman Mao is probably turning over in his grave as he witnesses China’s mixed economy transforming his agrarian society into a so-called “New China”.

09/15/2009 :: 04:55:52 AM
Dan Leach Says:

I can name 8 tire plants that have closed since 2004 plus 3 in Mexico and Canada, add 5 steelcord plants closing along with support industries and you can double the job loss. What concerns me about this industry is that most tires produced in China are the result of Tire Mfg. moved from North America by American & European companies. This will soon result in zero military, aircraft, industrial or agricultural tires produced under our control. The Obama administration is addressing a security issue by helping to maintain at least a small capability here in the U.S.

09/14/2009 :: 08:03:29 PM
Keith Says:

Pictures tell the untold story, which is the working people of the world have no leverage. They are at the mercy of capital.

09/14/2009 :: 06:48:10 PM
Phil Des Marteau Says:

I don’t see how the United States can maintain its number one economic leadership when business corporation are only interested in immediate profits, and while consumers only are interested in the cheapest price rather than top quality of products. Our demand to have immediate gratification has an alarming effect on sustainable economic survival. In future years perhaps the chinese will be in the same situation.

09/14/2009 :: 06:45:25 PM
Calmadre Says:

China is already selling its investments in Treasury notes and encouraging its citizens to buy gold bullion. Of course China will overtake our bloated and inflated economy — in easily less than 10 years.

09/14/2009 :: 05:14:43 PM
Roy Fuchs Says:

Of course China will overtake the US. If the question is whether they will do it in three to five years, no. In 20 years, perhaps. By mid-century, most certainly.

They have four times as many people as this country does. The question is how soon will they build a consumer economy large enough to bring a meaningful percentage of their population.

09/14/2009 :: 02:56:00 PM
Goooooober Says:

Sure things can be made in America but to compete in a global market you would need to find workers willing to work for three dollars a day

I think it would be easier to force the world to pay a global minimum wage

09/14/2009 :: 02:47:09 PM
Anthony Oland Says:

Just think what things would be like without China to make most of our shoes, and thousands of other items we all use every day! Can’t they make ANYTHING here in North America?

09/14/2009 :: 02:37:56 PM
Goooooober Says:

For years China has dumped products on the US driving companies to cheaper labor

It may be too late to make a real difference, today I hear the US is in its worst depression ever?

Too little too late