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        New Message Board Archives >> Oct-Dec 2003 >> Made in China not CH
        
(Message started by: forgetfulnot on Dec 8^th, 2003, 12:03am)

Title: Made in China not CH
Post by forgetfulnot on Dec 8^th, 2003, 12:03am

My wife went Christmas shopping the other day, she bought ten items, everything from tree ornaments to stuffed toys.

Every one was made in China.

And we have an unemployment problem?

…….Lee ;;D

Title: Re: Made in China not CH
Post by jmorgan52 on Dec 8^th, 2003, 4:52am

I went to an investment seminar the other week. The main thing I saw from the presentation was that China "owns" a very large percentage of US debt from it's trade with the US. China is now the largest manufacturing nation in the world, and the US will soon not even be a global player in manufacturing.

Are you guys spending your hard earned tax money on the wrong things?

Title: Re: Made in China not CH
Post by don on Dec 8^th, 2003, 7:15am

Quote:

and the US will soon not even be a global player in manufacturing.

But we still do a lot of assembly! :-/

Title: Re: Made in China not CH
Post by Patrick_A on Dec 8^th, 2003, 7:41am

China is the next #1 world power, and i believe we will see that soon! Until their money becomes comparable to ours, they have an extreme advantage.
My wife is Chinese, She is an accountant in a college there. She is middle class by Chinese standards. She makes 1200 yuan a month. That is $150.00 US dollars.
China just became the #2 consumer of all oil and gas in the world. That is scary, considering i have been there twice this year. They are fast approaching being Japans #1 car buyer. Ya know how much a Toyota Corolla cost in China? About $3500.00 US dollars!
How can we compete with a country that can dig the steel out of the ground for about 1/20th of the cost, and at every facet of its manufacturing do the labor for about the same amount.
Hell, I've been told by my own company that January 9th will be my last day ( Laid off) Guess where GE is locating the one of their strongest divisions, If you guessed China, You would be correct!
Here my wife is working her ass off to get over here, when in reality, the future might be better over there!
I have strongly considered teaching English in China, but mainly just so i could be with my wife while we wait for the Immigration process to be approved! But also, they pay Teachers from English speaking countries approximately 8000 yuan a month to teach there. That is rich by Chinese standards.

Patrick :)

Title: Re: Made in China not CH
Post by forgetfulnot on Dec 8^th, 2003, 5:23pm

Quote:

How can we compete with a country that can dig the steel out of the ground for about 1/20th of the cost

Quality, Chinese steel products are inferior and in some cases banned by ASME and other governing body’s for use in the US. They take shortcuts at every step like everything else they make.

Lee

Title: Re: Made in China not CH
Post by cootie on Dec 8^th, 2003, 5:47pm

A friend of mine's hubby worked for a computer programming co. that installs programs in offices and business's and corporations....he travels all over the US alot. The company is relocateing and movein to CHINA after the first of the year so he found anouther job. A-so-poppa-son Pam

Title: Re: Made in China not CH
Post by BobG on Dec 8^th, 2003, 5:49pm

Maybe this has something to do with the price of tea in China compared to the USA.

TAXES (in the USA)

Accounts Receivable Tax
Building Permit Tax
Capital Gains Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Court Fines (indirect taxes)
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel permit tax
Gasoline Tax (42 cents per gallon)
Hunting License Tax
Inheritance Tax Interest expense (tax on the money)
Inventory tax IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Local Income Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Septic Permit Tax
Service Charge Taxes
Social Security Tax
Road Usage Taxes (Truckers)
Sales Taxes
Recreational Vehicle Tax
Road Toll Booth Taxes
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Toll Bridge Taxes
Toll Tunnel Taxes
Traffic Fines (indirect taxation)
Trailer registration tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft registration Tax
Well Permit Tax
Workers Compensation Tax

COMMENT

Not one of these taxes existed 100 years ago and our nation was the most prosperous in the world, had absolutely no national debt, had the largest middle class in the world and Mom stayed home to raise the kids.

What the hell happened?

Those sneaky little commie bastards have stolen our capitalist system and is using it against us. ;)

Title: Re: Made in China not CH
Post by forgetfulnot on Dec 8^th, 2003, 6:20pm

Quote:

Those sneaky little commie bastards have stolen our capitalist system and is using it against us.

;;D

Lee........