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AI and the superconducting relativistic monkey collider RL July 26, 2025 10:14 pm (Off-Topic)

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Retirement home Spirit cover -- yeah, we had better music. ER July 26, 2025 7:31 am (Off-Topic)

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♫ I tell you to enjoy life I wish I could but it's too late ♫ BuckGalaxy July 22, 2025 1:32 pm (Off-Topic)

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Colbert cancelled. ER July 17, 2025 8:20 pm (CurrentEvents)

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80 Million Manufacturing Jobs Lost! July 4, 2011 6:52 pm BuckGalaxy

This article from Reuters shows a World Bank prediction that China will lose 80 million light manufacturing jobs in the next five years because of rising wages. Most of those jobs will end up in Africa.

So manufacturing businesses are going to leave China because of WAGES? I thought it was regulation, taxes and an overbearing government that drove jobs away? The conservatives have been telling the American people that if we just deregulate, lower taxes and get the government out of the way of the free market all the jobs would come back to the U.S.A.

  • Less than a decade ago, jobs started flowing from India to China, as Indian wages rose. by Robert 2011-07-05 12:40:48
    • The divide between "producers" and "consumers" is largely artificial. Producers make the most money when their customers have a ... by TB 2011-07-05 15:26:42
    • Hmmm...some back of the cocktail napkin calculations here...a billion Chinese, about 1/2 of them work....80 million out of a job...or ... by ER 2011-07-04 19:54:49
      • What we have here is the basis for WWIII, the war about commerce. The winner makes everyone else buy ... by Eri 2011-07-04 22:09:03
        • All wars are about commerce. The situation you describe, "The winner makes everyone else buy their goods and the ... by ER 2011-07-05 04:07:45

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