Yes but they made my money stronger. Isn't that what really counts... to me..

Depends... If you live in the USA.

Do you own your house? It is now worth less (yet the mortage does not reflect it)... as a result the BANK will not let it be sold cause they would lose REAL value).

Your car? Same thing... Less actuall (but you still owe the same 'paper' on it)... as a result the LENDERS will only allow you to trade it in for an EXPENSIVE model... or they lose that actual value.

Get the picture.

by attempting to 'compete' with china using 'money' they have screwed our economy...

I am hearing a lot of whining about how the Chinese have 'devalued' their currency to 'hurt' the dollar based economy.

Yet those self same 'whiners' do not even mention that THEY did the same thing (but in a more sneaky way).

They 'printed' 1.6 billion and devalued the dollar so they could hurt china's economy.

Do the math...

Without the spin.

Yes but they made my money stronger. Isn't that what really counts... to me..

Actualy the dollar is worth less so we buy less with more money, factor in wages have been stagnant since 2005 and most people are going backwards with wages not keeping up with inflation, times are tuff. We are working harder for less (myslef not included) but been there. Friends and family all going backwards. This is why the republicans make me so angry when they wont return the tax rate on the wealthy back to the pre Bush era. Everyone is going backwards except the top 2%. THey have only gotten richer as all data indicates.

Dude did you read what I wrote? My money. I said I get paid in yen. I said the exchange rate differences. Wow. People need to read.

Well i see your point however i am not a chinese citizen and yes i am for my team "America"! The chinese have been running a trade deficit for how many years? I am a conservative but i part ways when it comes to china! We need to do more to balance trade with china and bring manufacturing back to America!

Well i see your point however i am not a chinese citizen and yes i am for my team "America"! The chinese have been running a trade deficit for how many years? I am a conservative but i part ways when it comes to china! We need to do more to balance trade with china and bring manufacturing back to America!

Bringing back manufacturing means more jobs for the lower and middle classes. It also means more jobs for the undereducated. Strengthen the bottom sector of the population (meaning those that work), and it translates into more tax revenue and more consumer buying power. It can even give them the chance to become more educated rather than having to work three jobs just to pay the bills. Let's face it, not everyone is cut out to be part of a "service-oriented economy". A good chunk of our working population is being alienated by the lack of manufacturing jobs and by an increased need for advanced education in the work place.

I didnt think YOU were the topic of this thread, I thought we were talking about the dollar.

Bringing back manufacturing means more jobs for the lower and middle classes. It also means more jobs for the undereducated. Strengthen the bottom sector of the population (meaning those that work), and it translates into more tax revenue and more consumer buying power. It can even give them the chance to become more educated rather than having to work three jobs just to pay the bills. Let's face it, not everyone is cut out to be part of a "service-oriented economy". A good chunk of our working population is being alienated by the lack of manufacturing jobs and by an increased need for advanced education in the work place.

You realize that if we brought manufacturing back to America that prices would drastically increase for all those products. Not to mention its not just people in china taking these kinds of jobs its also robotics. Assembly lines used to be done all by hand and now many are automated. Its just the progression of technology and people are going to need to start getting educated or find themselves with smaller and smaller job opportunities.

Manufactureing today is so high tech to stay in it I had to re-learn. Bidded for a lathe operator job got trained through work I now run four mori seiki robot fed lathes that kick out around a hundred axles apiece over eight hours I maintain tolerances of tenths of a thousanths with 8 tools in each lathe it requires constant vigulance. Thats just my job it also has engineers and programers who support the operation not to mention payroll peaple and management. Manufactureing is the key to americas sucsess. the solution isnt to force everyone to work for a bowl of rice like the rest of the third world

Who said working for a bowl of rice? I said basically get with the times. Manufacturing is being taken over by machines as even you have said. You had to do more training. Those robots are now doing the jobs people used to do. You can't say things need to change and there need to be more jobs for less educated. You need to say I need to be more educated and go out and do it.

You realize that if we brought manufacturing back to America that prices would drastically increase for all those products. Not to mention its not just people in china taking these kinds of jobs its also robotics. Assembly lines used to be done all by hand and now many are automated. Its just the progression of technology and people are going to need to start getting educated or find themselves with smaller and smaller job opportunities.

Well on the face i can agree but the reality is how did we get to this point? Illegal labor and cheap goods from china outsourcing jobs did stimulate our economy but many economist's argued that it was a temp fix and frankly those people where on the left. So just because the republicans say it is so doesn't make it the case. I would much rather be dealing with inflation today than inflation with no jobs! Now when it comes to global trade we can use foriegn labor but here at home we need tariffs and tax law to protect American manufacturing! We can use technology also to compete and have for a century and it worked. I am conservative but it makes no sense to transfer our manufacturing overseas for cheaper goods. Over the long haul it will only hurt our economy because like it or not there are people in America that need low skill jobs with decent pay. The unions also have been a problem in this arena by artificially raising wages and benefits beyond a manageable amount. So yeah 8 bucks an hour or 40 bucks an hour for a non skilled job will not work! If we can get some non-partisan legislation maybe we can solve this problem?????????? big ????