In 2001, China joined the World Trade Organization with the strong support of a Democratic President and Republican Congress. Before the ink was dry on this free trade agreement, China ...
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In 2001, China joined the World Trade Organization with the strong support of a Democratic President and Republican Congress. Before the ink was dry on this free trade agreement, China began flooding U.S. markets with illegally subsidized exports while the big multinational companies that had lobbied heavily for the agreement rapidly accelerated the off shoring of American jobs to China. Today, as a result of the biggest shell game in American history, China has stolen millions of our jobs, corporate profits are soaring, and we now owe over $3 trillion to the world's largest totalitarian nation. This film is about how that happened... and why the best jobs program for America is trade reform with China.Written by
Most of the film were off topic. They threw in anything that is negative about China but they are not related to trade and economy. It feels like the producers has nothing else to back up their claims and just threw in human rights issue and freedom of speech.
Manufacture jobs went away not because of China. They went away because the US companies found more cost efficient alternatives. If not China, it could have been Vietnam, Bangladesh, or other third world countries.
China has some really bad trade practices and that's why I hated Chinese companies and their government. BUT that is NOT the reason why you can't find a job in 2012 or why we don't make printers and fridge no more.
The fact that our income disparity is so great, it's basically inviting cheap products. How else are you suppose to satisfy the majority of low income earners in the US?
14 of 17 people found this review helpful.
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