Loss of U.S. jobs to China becomes powerful election issue
In Pennsylvania, the Democratic candidate for the U.S. Senate, Joe Sestak, accuses his Republican foe Pat Toomey of favoring China over hard-working Americans.
In a new website, the AFL-CIO pointedly tracks the loss of U.S. jobs to China and other cheap-labor countries.
With about a month to go more the Nov. 2 election, Democrats and their friends are pushing as a potentially pivotal issue the export of U.S. jobs.
They believe, or at least hope, it will resonate with American voters worried about the economy and their own financial futures.
A memo by consultants Stanley Greenberg and James Carville suggests Democrats could use concern about the outsourcing of U.S. jobs to help stage an “October surprise” and retain control of the House and Senate in next month’s election.
Campaign messages on behalf of protecting U.S. jobs — while ripping into Republicans who support trade pacts and tax breaks that jeopardize them — can be powerful.
In one of its lasts votes at the end of September before taking a recess for final election campaigning, the House overwhelmingly passed legislation that would allow the United States to seek sanctions against China and other countries that gain trade advantages by through currency manipulation.
Obama handles China delicately
It’s too early to tell whether President Barack Obama’s new approach to China will be more successful than his predecessor’s. But this week’s high-level dialogue in Washington underlined how the balance of power is shifting.
The U.S. side, determined to be more respectful and less confrontational, tiptoed around the sensitive issue of China’s currency, avoiding any public appeal for an upwards revaluation in the yuan.
There was a passing reference to the rights of China’s ethnic and religious minorities, but no sign the other side would take any more notice of foreign interference in its internal affairs than it has in the past.
Not was there any evidence the Chinese and Americans were any closer on issues from climate change to how to deal with countries like North Korea and Sudan.
The Chinese, though, seemed less circumspect, more confident even in their public statements. Washington, they argued, should rein in its budget deficit and refrain from flooding the world with dollars.
They are, after all, holding more than $800 billion in U.S. Treasury debt, and don’t want to see the value of those investments fall.
And when you have such a big customer, you better listen to them, as the Wall Street Journal pointed out this morning.
Obama,s “why can,t we all be friends”policy seems not to be getting any traction.the much awaited”change” that was going to bring in “an new era cooperation”is not working.it was expected to follow automatically after Obama apologized for Americas past deeds.the only moderate success obama has had is with hugo chaves,and that is if he tries to sell his book.but relationships with other countries are now worse than when bush was in office!hillary has offended north korea,biden has infuriated russia,and protesters are marching in israel against obama.china has told obama to be careful with his spending and india has told him to keep his nose out of their energy policy.this is not what we were told to expect!
I have gone through the synopsis of the subject under discussion and the comments of my learned commenter friends. I could assimilate the gist of the huge anomalies of previous US governments and the heart burning agony of the young AMERICAN generation standing at the edge of a devastated economical, financial, and commercial catastrophe of the country with a bleak future in the country once known as the mighty country of dream.
The worst is yet to have emerged but shoed up earlier when the congress passed the bill against china on retaliation to china’s devaluation of their currency. US always thought it should dictate others to do whatever it says not considering that everything has its limit.
In addition, reply to only one case only now showed up and in future will show up one by one to all the cases. US had always played a hard game with China and China took things always coolly without giving in.
Now it is replying to all that US did in previous day’s with it.
Most unfortunately Bush regime wittingly or unwittingly stabbed at the back of the Nation by going to war on the Advice of a particular country and some criminal minded advisers who all pulled the rope of the US flag down to earth if not forever but at least for some decades to come.
China is a quiet dragon, it does not chew it gulps and swallows. First, it made America its market, became the master of important commercial institution, also made the Bush regime to dismantle its industrial complex and establish the same in china for financial, and job assurance.
Now China gave the jolt in Chinese way which in one go has hit the nerve center of the West financial, industrial, commercial industrialized sector including the most delicate sector of main Political issue. It is not the jolt for Democrats but will prove to be a morbid jolt for any government that steps in, in any future time for some decades to come.
From the look of things on ground, China will be a hard tusk master in its role as world super power, which until now it did not show up. South East Asia is already on alert and is preparing to confront the Jolt of China’s move forward..
US may not bother about its election but there are thing that US will soon find necessary to amend it to walk together with China.
Prominent experts of different discipline opined it is not late to resolve all issues in diplomatic level with China that will help both in the end.