Yelen blames China for its cheap products that American cannot compete with

15 comments

1. Is she wrong?

2. Is this a Chinese troll?

3. It’s hard to compete with slave labor.

   On a separate note did the Chinese spammers dial it up today? The entire sub today is filled with pro China shills.

4. This is why the idea of economic specialization made no sense to my brain in college. Yeah it makes sense for economic theory, but strategically it opens up a whole can of worms in regards to economic vulnerability. The pandemic was a GREAT example of that when China stockpiled masks and supplies for themselves. My college courses are extremely adamant about free trade and specialization being the answer to world growth and economic prosperity (I went to a liberal public school believe it or not). There was a lot of criticism of policy around closed borders and protectionism. I wish I was bold enough to go to office hours and have a discussion with my TAs about it but I was too busy doing god knows what lmao. I also had lots of teachers and professors basically say predatory pricing is theoretically impossible as well. I love how the economic order and climate is changing because it challenges these post-recession, post-offshoring era ideas. We’re in post-COVID era now and things are veryyy different.

5. That’s the free market baby. Hopefully Raegan is rolling over in his grave

6. If it’s not China, it would be someone else. Corporations will find way to seek cheap labour.

7. More like r/PraiseChina

   Lmao, I guess when even the china subs hate china this is the outcome… America had more factories than it needed at one point too! 😉

8. This is the free market in action. Companies that can’t compete will go bankrupt leaving behind only the good companies. Capitalists need to celebrate.

9. i mean we opened ourselves up for it when GE destroyed itself and created modern businesses

10. We have imported millions of future “employees” that will work to stay out of an institution if we choose to play that hand. Just saying

11. I’m so sick of the adjit Propaganda spewing from these technocratic capitalist proxies that serve in American government. I like apple pie just as much as the next American, but I think I’m getting close to giving up hope in workers at least recapturing the narrative from these people.

12. “So here’s the thing, the world is ending due to Global Warming. But the damn Chinese made the solution so cheap that America couldn’t make enough money off of it. So Solar Panels are out, and we’re stuck with the end of the world again.” This is how you sound JA-YE…. This is how you sound…

13. Why we need tariffs…

14. For Many years I believed that foreign trade goods were the enemy of the American people but now have reversed my position and I understand that it’s the rich and Powerful who are American and who control America that are the enemy of the American people at least the enemy of most American people. So I now believe in opening the borders to all trade goods.. tariffs should be eliminated.. these treasonous American companies should be driven into bankruptcy by Foreign competition

15. You shouldn’t allow a nation whom you could potentially be a war with free access to your markets. Duhhh!,