Re: Would it upset you?
How much will it cost for the same product to be produced in teh US with US regulations, US taxes, and US union demands? 15% more? 20% more, 35% more? Please raiase your hand if you are willing to pay 35% more for every plastic bin, trans can, gardening tool, package of underwear, mud flap, radio, TV, table lamp, etc. Every dollar spent is another dollar that cannot buy more food, saved in the bank, buy shoes for teh kids, etc. Jacko15 is absolutely right. To compete, we cannot go head on with countries tha can make low level TVs or sew underwear cheaply, but must add value or innovation to the product that less technologically advanced countrries cannot do. A Foreign Affairs magazine article recently discussed Germany's success in manufacturing--they focused on higher tecnology products that other countries cannot replicate with an uneducated workforce. Companies like Siemens and BMW and Bosch produce products that India and China can't compete with, yet.
Life is not fair. Global competition is not fair and NEVER WILL BE FAIR. We need to get over this schoolyard notion that China is not playing fair. China is experiencing their own competition from Vietnam and Pakistan. Ir ain't fair but they're not whining. They just go around and get ahead. We need to stop whinig about "fairness" and make a better product at a better price or do what they can't do.