Blatantly anti-competitive practices. We don’t have a free market in the US. Shit is expensive so the wealthy can continue to profit at record levels while citizens pay the price. Why try to compete when you can protect the wealthy and make your country suffer?
The CCP can artificially depress the value of their currency and subsidize their industries indefinitely. They are doing this on the backs of their workers, who should earn more for their labor. They are doing this because their own workers are too poor to provide sufficient domestic demand for their consumer goods, however, this strategy just makes their workers poorer, exacerbating the problem. Chinese exports should be used to make their economy self-sustaining, but they just perpetuate economic bubbles and malinvestment that cause economic stagnation. Neither domestic nor international commerce has never been free of interference or fair.
I don’t think whataboutism ever helps anything. American subsidies and bailouts has not resulted in better consumer choice. However, choosing options that are due to dumping isn’t going to produce sustainable industry either in China after the subsidies there end. The only real solution is to actually make practical electric vehicles at an affordable price.
I think he is stating that by subsidizing Chinese vehicles way below what could be practical to sell subsided non-Chinese vehicles at China can effectively kill off the non-Chinese automotive manufacturing capacity over enough time. Once this has been achieved China can increase prices drastically as Americans would no longer have domestic car options to buy, and creating a monopoly.
Considering we’re deficit spending with every budget cycle, I’d say no we don’t have the money. Furthermore, what about all the other brands sold in the US besides the three American ones of GM, Ford, and Tesla?
That’s true and all but this decision is solely about oil barons and their fat fucking profits.
Its no coincidence that they are going after electric cars and solar panels. Chinese workers have had it rough for 30 years but green tech is where we draw the line and not literally everything else, who believes this?
Its not to protect the economy, it’s not to protect the Chinese workers.
China did the same thing with solar panels a decade ago. It’s the reason why my wife’s employer shut down and hundreds of people lost their job. Having endless money to subsidize your product and sell it well below cost doesn’t lead to more competition or better options. It puts everyone out of business and creates a monopoly for the country doing the subsidies who then has no reason to keep the price low.
China doesn’t have the worker protections that the US has, the same level of gov’t support, nor the environmental rules that the US has. It’s only anti-competitive if there is a level playing field.
China doesn’t have the worker protections that the US has
Yeah weve got protections, like minimum off time for sleep…wait no. Maternity leave? Nah. Well our child workers get protected meal breaks at least. But not the adults. Water breaks or temperature limits? Still no. US doesnt have damn worker protections.
You got 3 downvotes and no replies, so I’m replying to let you know you’re speaking the truth. People are butthurt that the US isn’t as good as it could be.
Naw, it’s just both sides whatism bullshit. If anyone thinks as bad as things are in the US (and they are shitty), that workers are treated better in China, well they are higher than I am and don’t deserve a response.
Its a combination of being unaware of how bad things are in the US, and having nothing but stereotypes to inform how you think Chinese labor is. Guess who has mandated maternity leave and who doesnt. Or paid sick leave. Or laws tying minimum wage to cost of living.
And the government just realized this now and are going to make it clear it isn’t okay by fucking up any export out of China that has the word green in it.
Nothing to do with oil money folks, just China got caught red handed and we just weren’t looking before. Yes, you can still keep your iPhone but fuck your solar panels and any car that doesn’t crave gasoline.
Because China would be wise to subsidize their auto industry to sell at a loss just long enough to kill the American & European auto industry forcing us to buy Chinese vehicles.
Blatantly anti-competitive practices. We don’t have a free market in the US. Shit is expensive so the wealthy can continue to profit at record levels while citizens pay the price. Why try to compete when you can protect the wealthy and make your country suffer?
The CCP can artificially depress the value of their currency and subsidize their industries indefinitely. They are doing this on the backs of their workers, who should earn more for their labor. They are doing this because their own workers are too poor to provide sufficient domestic demand for their consumer goods, however, this strategy just makes their workers poorer, exacerbating the problem. Chinese exports should be used to make their economy self-sustaining, but they just perpetuate economic bubbles and malinvestment that cause economic stagnation. Neither domestic nor international commerce has never been free of interference or fair.
People keep saying this that are fully aware the US subsidizes its industries too. Yeah? They subsidize their electric vehicles? Fuckin good!
I don’t think whataboutism ever helps anything. American subsidies and bailouts has not resulted in better consumer choice. However, choosing options that are due to dumping isn’t going to produce sustainable industry either in China after the subsidies there end. The only real solution is to actually make practical electric vehicles at an affordable price.
Its resulted in lower prices for the industries subsidized.
I have no idea what you mean by dumping and unsustainable. Why would the subsidies end?
Do you realize youre arguing against a method to achieve more affordable prices?
I think he is stating that by subsidizing Chinese vehicles way below what could be practical to sell subsided non-Chinese vehicles at China can effectively kill off the non-Chinese automotive manufacturing capacity over enough time. Once this has been achieved China can increase prices drastically as Americans would no longer have domestic car options to buy, and creating a monopoly.
The US has way more money available to compete with those subsidies.
Considering we’re deficit spending with every budget cycle, I’d say no we don’t have the money. Furthermore, what about all the other brands sold in the US besides the three American ones of GM, Ford, and Tesla?
So is china, and at a higher rate than we are.
What about em?
https://youtu.be/kFhKVCaadzE
“Deficit” spending on the governmental level isn’t the same as a family deficit spending.
That’s true and all but this decision is solely about oil barons and their fat fucking profits.
Its no coincidence that they are going after electric cars and solar panels. Chinese workers have had it rough for 30 years but green tech is where we draw the line and not literally everything else, who believes this?
Its not to protect the economy, it’s not to protect the Chinese workers.
This is only about oil profits.
China did the same thing with solar panels a decade ago. It’s the reason why my wife’s employer shut down and hundreds of people lost their job. Having endless money to subsidize your product and sell it well below cost doesn’t lead to more competition or better options. It puts everyone out of business and creates a monopoly for the country doing the subsidies who then has no reason to keep the price low.
China doesn’t have the worker protections that the US has, the same level of gov’t support, nor the environmental rules that the US has. It’s only anti-competitive if there is a level playing field.
Yeah weve got protections, like minimum off time for sleep…wait no. Maternity leave? Nah. Well our child workers get protected meal breaks at least. But not the adults. Water breaks or temperature limits? Still no. US doesnt have damn worker protections.
You got 3 downvotes and no replies, so I’m replying to let you know you’re speaking the truth. People are butthurt that the US isn’t as good as it could be.
Naw, it’s just both sides whatism bullshit. If anyone thinks as bad as things are in the US (and they are shitty), that workers are treated better in China, well they are higher than I am and don’t deserve a response.
Where the fuck did anyone say workers are treated better in China? Do you enjoy making shit up?
Where the fuck did anyone say the US had fantastic worker protections? Do you enjoy making shit up?
What. Are you high. It was your comment that started the topic. Jesus Christ what is wrong with people
Its a combination of being unaware of how bad things are in the US, and having nothing but stereotypes to inform how you think Chinese labor is. Guess who has mandated maternity leave and who doesnt. Or paid sick leave. Or laws tying minimum wage to cost of living.
And the government just realized this now and are going to make it clear it isn’t okay by fucking up any export out of China that has the word green in it.
Nothing to do with oil money folks, just China got caught red handed and we just weren’t looking before. Yes, you can still keep your iPhone but fuck your solar panels and any car that doesn’t crave gasoline.
Because China would be wise to subsidize their auto industry to sell at a loss just long enough to kill the American & European auto industry forcing us to buy Chinese vehicles.
this is the japanese scare all over again