China’s American enablers
Our Future Blog
by Dave Johnson
03/16/10
China argues that some American companies will suffer if China stops subsidizing manufacturing and adjusts their currency to market levels. They’re right. The fight over Chinese violations of trade rules is also another story about Wall Street and big, monopolistic corporations vs Main Street and American workers. A China Daily story says China’s huge export surplus is being ‘misread.’ The Chinese government says that US companies — the ones who close US factories, lay off workers, devastate communities and throw the costs onto the government — are also beneficiaries of China’s government subsidies...
http://www.ourfuture.org/blog-entry/2010031116/chinas-american-enablers
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Main+Street
http://freepage.twoday.net/search?q=corporate+America
http://freepage.twoday.net/search?q=Big+Business
http://freepage.twoday.net/search?q=Big+Money
http://freepage.twoday.net/search?q=American+worker
http://freepage.twoday.net/search?q=layoff
http://freepage.twoday.net/search?q=Dave+Johnson
by Dave Johnson
03/16/10
China argues that some American companies will suffer if China stops subsidizing manufacturing and adjusts their currency to market levels. They’re right. The fight over Chinese violations of trade rules is also another story about Wall Street and big, monopolistic corporations vs Main Street and American workers. A China Daily story says China’s huge export surplus is being ‘misread.’ The Chinese government says that US companies — the ones who close US factories, lay off workers, devastate communities and throw the costs onto the government — are also beneficiaries of China’s government subsidies...
http://www.ourfuture.org/blog-entry/2010031116/chinas-american-enablers
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Main+Street
http://freepage.twoday.net/search?q=corporate+America
http://freepage.twoday.net/search?q=Big+Business
http://freepage.twoday.net/search?q=Big+Money
http://freepage.twoday.net/search?q=American+worker
http://freepage.twoday.net/search?q=layoff
http://freepage.twoday.net/search?q=Dave+Johnson
rudkla - 17. Mär, 09:56
