Both China and India are Amazing Stories of Poverty Reduction... We Should Stop Demonizing Them
I would direct you all to the UN's The Millennium Development Goals Report (2011)
http://www.beta.undp.org/content/dam/undp/library/MDG/english/MDG_Report_2011_EN.pdf
"The fastest growth and sharpest reductions in poverty continue to be found in Eastern Asia, particularly in China, where the poverty rate is expected to fall to under 5 per cent by 2015. India has also contributed to the large reduction in global poverty. In that country, poverty rates are projected to fall from 51 per cent
in 1990 to about 22 per cent in 2015. In China
and India combined, the number of people living in extreme poverty between 1990 and 2005 declined by about 455 million, and an additional 320 million people are expected to join their ranks by 2015. Projections for sub-Saharan Africa are slightly more upbeat than previously estimated. Based on recent economic growth performance and forecasted trends, the extreme poverty rate in the region is expected to fall below 36 per cent."
These countries are massive success stories of the modern era. China, with its economic reforms in '79 and India with its reforms in the 90s have reduced had amazing results reducing extreme property. Instead of demonizing them, we should understand that it is world economy and that we have to work together. The world is not hopeless and people in both China and India escaping property that few in this country could understand is not a bad thing.
The economy changes and jobs move. However, jobs are also created and innovation still happens. We as a country have a lot going for us. We can solve our problems and compete globally. In fact, we are currently solving our problems and we are very competitive globally. We don't have to keep demonizing other societies that "take our jobs."
I should make a note that the UN is measuring "absolute poverty here" THey define that as "a condition characterised by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information. It depends not only on income but also on access to services." It translate into living off of less then $1.25 a day. The level of poverty in India is far different then any type of poverty here.
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The "new" jobs being created are very few.
Run the math. Count up every last company that says they are struggling to find workers. Count up the number of jobs. Now count up the number of unemployed. Compare the two. Even if every last American got every marketable skill known to humanity, most unemployed would stay unemployed. Do the math.
Look at our job growth. Compare it to the growth of our working class population. The former is STILL the smaller number. That means we're putting more workers on the market than there are jobs being created. And MOST of those jobs are low paying.
The jobs that are being created, what few they are, are demanding higher productivity from workers. They are, as a result, leading to a reduction in the need for workers. You want to see what this has led to, over the last few decades? Here ya go.
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The "skillsets mismatch" argument is a LIE. We have tons of engineers, especially computer engineers, who are out of jobs. Here's an exercise for you - look at the jobs where companies are saying they're "struggling" - notice how they're not PAYING more? If you have a shortage of workers, the pay always goes up. The pay ain't going up.
Finally, unemployment isn't falling - people are simply running out of benefits and are not being counted.
So should Americans compete with child labor for wages?
Maybe you think Americans should start putting their own children to work for slave wages--even before they start high school.
Behold your "better than $1.25/hour" world:
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http://www.time.com/time/world/article/0,8599,1917897,00.html
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For some, it might be returning to 1793, though.
As you said, there will certainly be losers.
And we Americans are responsible for doing this to China:
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...it's easy - 
F%@#'em.
You can tell me to stop demonizing the PRC when they stop returning North Koreans, occupying Tibet, and brutalizing their own people.
Sat Jan 14, 2012 9:59 AM EST
Manufacturing is now underway at Lincolnton Furniture in North Carolina.
By Sopan Deb
Rock Center
The United States may be on the verge of bringing back manufacturing jobs from China.
Harold Sirkin, along with Michael Zinser and Douglas Hohner (all experts from the Boston Consulting Group – a leading management consulting firm), says that outsourcing manufacturing to China is not as cheap as it used to be and that the United States is poised to bring back jobs from China. The three consultants first reached this conclusion in a recently published study titled “Made in America, Again: Why Manufacturing Will Return to the U.S.”
Many companies, especially in the auto and furniture industries, moved plants overseas once China opened its doors to free trade and foreign investment in the last few decades. Labor was cheaper for American companies – less than $1 per hour according to the BCG report. Today, labor costs in China have risen dramatically, and shipping and fuel costs have skyrocketed. As China’s economy has expanded, and China has built new factories all across the country, the demand for workers has risen. As a result, wages are up as new companies compete to hire the best workers.
“The tilt is now getting lower,” Sirkin says. “We think somewhere around 2015 it’ll look flat and may start to tilt in the U.S. favor at that point in time.”
So this form of hysteria was never needed. Instead of looking forward and being innovative, these are the people who whine "where are the jobs?" rather than getting off their duffs and doing something. And if you mention that, you are "un-American."
When I see the word "China" this is the image that pops into my head:
Yeah they deserve high praise for stamping out poverty... and free thought... dissension.. access... Democracy...
Oh and India? Yeah there's a model society.
How's 4 years in prison for a poppy seed stuck to your shoe? Or for an amount of Pot, stuck to your shoe, weighing less than a grain of sugar.
http://www.dailymail.co.uk/news/article-512815/Briton-jailed-years-Dubai-customs-cannabis-weighing-grain-sugar-shoe.html
We could eliminate poverty in the US in one year, but we would rather kill people than feed them.
