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View Diary: Our decade of fail, in one small chart (43 comments)

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  •  No one likes low wages... (0+ / 0-)

    ...not even Republicans.

    And Romney has already signaled that he's going to use China against President Obama, were he to get the nod.

    Romney has vowed to call China a currency manipulator and immediately slap a tariff on Chinese-made goods.

    Meanwhile, year after year, President Obama continues to embark on study after study to ascertain whether China is manipulating its currency, to the detriment of the US worker.

    Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

    by PatriciaVa on Fri Sep 16, 2011 at 07:44:50 PM PDT

    [ Parent ]

    •  Wrong. republicans like low wages. (1+ / 0-)
      Recommended by:
      output

      We've got a little initiative here in WI. Forget its name right now, but they've provided the "intellectual" basis for Scott Walker's regime.

      Their "study" shows that WI is not competitive. Why? Because we have higher average wages and higher union membership rates than Alabama, Arkansas, Texas, Louisiana... and we need to get ourselves in line with these states. Pretty soon they'll be comparing us with the states of Sonora, Chihuahua and Cuahuila?

      WMC (Wisconsin Manufacturers & Commerce, the state arm of the US Chamber of Commerce) repeatedly brings "job creators" forward claiming that the prevailing wages are too high.

      I'm not even going to address your Romney vs. Obama critique.

      Mere passive citizenship is not enough. Men must be aggressive for what is right if government is to be saved from men who are aggressive for what is wrong. - Robert M. LaFollette

      by stcroix cheesehead on Fri Sep 16, 2011 at 07:53:58 PM PDT

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    •  Do you actually think (1+ / 0-)
      Recommended by:
      Superskepticalman

      Romney is going to do anything about China?

      That is all just campaign nonsense.

      The bitter truth of deep inequality has been disguised by an era of cheap imported goods and the anyone-can-make-it celebrity myth - Polly Toynbee

      by fladem on Fri Sep 16, 2011 at 08:27:26 PM PDT

      [ Parent ]

    •  Rand Paul (0+ / 0-)

      ran on saying we need to "lower labor costs" to compete with China.

      I changed by not changing at all, small town predicts my fate, perhaps that's what no one wants to see. -6.38, -4.15

      by James Allen on Fri Sep 16, 2011 at 09:37:03 PM PDT

      [ Parent ]

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