View Single Post
  #16  
Old Posted Mar 5, 2008, 3:53 AM
dollaztx dollaztx is offline
Registered User
 
Join Date: Jan 2008
Location: Midcities
Posts: 566
Quote:
Originally Posted by kcexpress69 View Post
My take on India and China is this. I agree that both countries are growing economicaly. China is doing much better than it was 10 years ago. India is still far behind with a 27% unemployment rate. I'm not sure how long it will take before it's on par with the United States. The thing that is tough to swallow, is that our manufacturing base has taken several big blows over the years. It's hard to buy anything at a store anymore that's NOT made in China, or southeast Asia. It's certainly not their fault. I blame the American companies for doing that. And NAFTA of course. We need our manufacturing base. I think it would go much further than the service industry. Especially if those reports are accurate that the US will be at 438 Million by 2050.
Why do you blame NAFTA? It is China, India and other countries that are not even part of it that are taking our jobs. Mexico and Canada are having the same problems we are having, they are losing jobs overseas. If all these jobs were suppostly going to Mexico then we wouldnt have an immigration problem because they would have so many jobs that companies would be raising thier wages to compete for labor.
Reply With Quote