That's your opinion. I disagree. I believe I would be far better off with paying an extra $3.00 for a pair of jeans and unemployment being at 4%. Unemployment costs me far more.
Then the standard of living will adjust and we'll be right back where we started.
We'll require more social welfare, because the purchasing power of each dollar will decrease.
No it doesn't. Map makers can go to work for GPS manufacturer's.
Really and what if they don't need them?
The low costs products made in China are ****. Pieces of crap. Do a little research on things like warranties on things like refrigerators over the last 20 years since producion has gone overseas. When they were made here they were often offered with 5 year warranties. I believe the standard warranty is now 6 months.
Common bull crap misconception.
The Branded manufacturers dictate the quality of the goods, not the Chinese national government, not a specific ethnic/racial group.
You pay for the warranties, there is a difference in price.
What's a warranty?
Nothing but a piece of crap.
If the product is good, the seller doesn't need to give a warranty.
Check this out, many manufacturing plants in China are ISO certified.
The factory I work in, in the US, is not ISO certified and it's #1 and #2 in 2 different industries.
So the common untrue complaint about everything from China being crap is plainly untrue.
No, it does not have to. If Someone wants to invest in China it does not mean they have to take current jobs with them. Many manufacturers require different things based upon location. How many 28 cubit foot refrigerators with crushed ice in the door do you suppose are sold in China?
Don't know and it doesn't matter.
I'm quite happy with my non warranty, Chinese stuff.
I'm sure the Chinese are equally happy to have money to take care of themselves, instead of pursuing the Maoist revolution.