Strange thing to say after just mentioning America selling out to China...

American companies had no choice but to move on to China to cope with the cheaper COPs; they still send remittance back. America is still backed by substantial FDI overseas and its own strong domestic manufactoring/industries. On the other hand, China's main driving economical force is such cheap manufacturing. Take it away, and the house of cards wobbles.

And you never know. Those workers can only be expected to stay "content" in poor conditions for so long.

China has moved production inland, where it's cheaper. Also, it's moving up the technological chain at a frightening pace.

I wish America could rely on themselves a little more. Just a tad, please?

If consumers gave up the dirt cheap prices, it would. Would you though?

If consumers gave up the dirt cheap prices, it would. Would you though?

Yes, as a matter of fact, yes, I would. Are you asking: Would most Americans?

Yes, as a matter of fact, yes, I would. Are you asking: Would most Americans?

That's what's going to make it all a pipe dream.

Would be an astute time to point out though, that the fiscal cliff, which concerns itself with the budget deficit, isn't the same economic beast as the trade deficit the US has with China. We shouldn't conflate the two issues into one big mess.

Yep, your right. What do you think we should do?

The usual liberal humdrum. Cut spending, especially military spending, raise taxes on the rich, extend tax cuts for the poor and middle class. But it never is as simple as that.

At the same time, tackle the underlying problems of the deficit, but not focus on it directly. Boost employment as Krugman recommended, although this will eat even more into a budget.

I totes agree. But.... Cutting spending, that isn't "liberal" speaking is it? Or maybe my Grandparents have made me watch too much Fox News...

Also, it's moving up the technological chain at a frightening pace.

a bit to fast. there are a few ghost citys. that have been build to attract farmers in living in a big city. but the farmers never came and the city's are nearly empty.
the chinese government thinks that if they build a big city that people will automatically go there and that it will increase the local economy.
but instead did they spend billions for nothing yet.

Those workers can only be expected to stay "content" in poor conditions for so long.

the workers are not massively crying about the work conditions.
protesting against your boss is simply not done. and if the do they just lose their job. enough people that gladly takes the job.

a chinese company here in the netherlands. wanted to stop producing here entirly, because there was a protest once. and they never seen that befor and didn't know how to handle it. it toke nearly 2 year befor they set around a table to discuss the problems.

Cutting spending, that isn't "liberal" speaking is it?

cutting spendings is a must. no matter your background. the usa spends to much on nearly all levels of society.

maybe my Grandparents have made me watch too much Fox News...

every minute is a minute too much...

but instead did they spend billions for nothing yet.

Small pittance to the overall growth.

Cutting spending, that isn't "liberal" speaking is it?

Democrats have always pushed for spending cuts, but in different areas.

Personally I think we don't need more taxes. I live in california and we have the highest tax rates in the country, it isn't to nice. And howcome the president won't allow some spending cuts? Get rid of some of these alphabet soup groups. Why do we need so many? The answer is we don't, but the government probably created half of them to give some senator's, president's, and other groups cousins some jobs. And can't these people use their own credit card sometimes instead of the tax payers? You realize Ron Paul gives a large chunk of his paycheck back to the government? Even doing this would help out. You shouldn't be in the Government for the money, it should be to help further the country and represent the people. And they haven't really been doing a good job at representing us.