Bloomberg: Stop Blaming The Chinese, America

bloombag is part of the elitest gang that owns most of the world and knows what is best for the rest of mankind.he does not want to tell us that nafta and"free"trade are creating slaves instead of workers.America is witnessing the anhilation of the union employee and the fare wages we are entitled to.all of our greatest strengths in industry have disapeared over the last 25 years.people who for generations have worked in these industries are know unemployed,while the japanese and koreans have experienced major growth along with china.but there is one thing bloombag does not mention,it's that most of the workforce in china live like slaves,that's why it's called a communist country BLOOMBAG,YOU SOCIALIST PIG!

Bloomberg, wall street and China, a match made in Heaven.

Time to Mao Tse Tung your asses.

Bloomberg=corporate scum and smiling because he found someone with a smaller prick than his.

tsang is asian...you are asian...you have a small prick

China's "cheap labor economy" is barely one step above the antebellum South. It is a command economy subsidized and driven at that point of a gun. And for the mayor of a major metropolitan American city to defend it -- let alone condone it -- is criminal.

Even if China were not a REPRESSIVE, COMMUNIST STATE, if it were, say, Australia, Hizzoner seems not quite up to speed on trade policy, which is quite stunning given his ownership of the biggest business news information company in the world.

"...taking their taxpayers’ dollars, and trying to sell subsidized things so we can buy them cheaper, and have better products, and we’re going to criticize that?

Well, duh, YES! We WILL criticize it because its an ILLEGAL trade subsidy under the WTO, you silly idiot!

Me thinks this is all about positioning Bloomberg LP for the Chinese market. This mayor absolutely should not have gone on this trip; or, if he did, he should have kept his mouth shut. This is an inherent conflict of his official business and his private business and should not be tolerated by the City Council or by New Yorkers generally.

Finally, is the mayor not aware of the persecution of freedom loving people in China? Did he not say ONE WORD in defense of the Nobel Prize Winner who has been placed in chains by the Chinese government, along with his wife?

Yeah, you may want to read up on what our companies have been doing in South America and how many people we've killed from the waste we've generated and left uncleaned. Emerging countries have been asking China to come in and become economic partners because they've been reinvesting in local infrastructure and schools; they've been making locals wealthy instead of lying to them and killing their children. Who sounds more like an oppressor ? China's exports to U.S. have been steadily declining, and GDP growth during our recession points to less reliance on manufacturing jobs from US companies. Manufacturing output in the U.S. has actually increased in the last decade, automation to blame for many of the job losses. But you keep on re-slinging that rhetoric from politicians during re-election, only blame and finger pointing will get us out of this mess. BTW, many of the jobs on Wall St and thus NYC are sustained through foreign markets.

The only reason "China's exports to U.S. have been steadily declining" is America has been stuck in a recession for 3 years otherwise they would be here building our houses too!!!

fuck Bloomberg. the destruction of our industrial base and middle class while china's cheap labor economy booms is no coincidence. Bloomberg's ilk is responsible for putting quick profits over the health of our economy and the "cheap = good" neanderthal consumers are complicit in this process.

buy American whenever possible. write to companies and tell them that you want products made here in the United States. pay more for something that will actually last and not end up in a landfill in 6 months. from tools to clothes to kitchenware, the quality of consumer goods sold in the United States has steadily decreased over the years because of this blind, profit-driven "race to the bottom." now we've got little choice to purchase decent products and our economic landscape is grim.

Who's blaming the Chinese? Walmart shoppers?

I love the people who say don't by anything Made in China, thanks for that laugh guys.

If you don`t buy anything made in China.....you don`t buy anything!!!

Except maybe a Boeing 747....oh no, they make parts of that aircraft enough said.

Of course America is jealous.......we don`t have a unlimited supply of labor willing to work for 25 cents an hour.

What exactly do you think this country was built on? Really expensive labor in factories that resembled luxury hotels and overpaid union employees building our infrastructure?

Entitled Americans and our corrupt politicians beholden to unions & special interests are incapable of charting a new course to rebuild the US and industrialize for the 21st century, yet all we can do is blame subsidies for our woes. China is having their turn now and Bloomberg and Spirit of 76 are right in that all we can do is blame them for doing what the US did 100 years ago.

Even the desperate unemployed won't work for pennies like migrant Chinese laborers do, but the US still has the wealth to offset that disadvantage. If only we had sensible immigration laws to maintain the edge on R&D/innovation, tax the super rich like it's the 1950s, and didn't have to contribute (still theoretical) future surpluses to entitlements and outsized pension obligations, then we'd have a chance to compete.

*Note, Bloomberg also cowed to the unions and promised them outrageous pension obligations in order to get reelected...twice.

I'm not optimistic, but I refuse to blame the Chinese.

Not blaming the Chinese, I am blaming America for being so blind in negotiating ONE WAY trade agreements that are not in our best interest.

Yeah, yeah, the old "cheap labor" excuse. Go read the latest issue of Popular Mechanics. It'll tell you about some of the latest Chinese weapons systems, some of which are more advanced than ours or anybody else's. Must be the dirt-cheap engineers. If a thousand monkeys in a room full of typewriters might pound out Shakespeare, a billion "monkeys" in China designed something the best, highest-paid minds in America couldn't.

Cheap labor comment is not an excuse it`s a fact, as to China having advanced weapons technology, they are stealing it from us.

There is NO country anywhere in the world right now with more advanced technology than the USA if we are not careful that will change quickly.

You and hotstepper are made for each other. Get a room. How can China steal technology from us that we never managed to develop despite years of trying? FYI, their "low quality" workmanship just gave them the titles of world's fastest train and fastest supercomputer.

You just keep sitting back and chanting, "We're number one!" with hotstepper. I'm sure that will help us regain the top spot.

They built a Maglev train they did not invent it ditto`s for the supercomputer, maybe you should give them credit for the SR-71, Space Shuttle, GPS system and Nukes too.

since the early 20th century, advances in supercomputers constantly move the title of "fastest" from nation to nation. beginning in Germany, then UK, USA, Russia, USA, Japan, Italy, USA, Japan, USA, China, etc. this trend will no doubt continue.

once again your argument doesn't hold water. supporting your local economy just makes sense. lazy consumers like yourself mindlessly shop at big box stores focused on "cheapest", often purchasing products made by child labor, unsafe working conditions, and manufacturing that is substandard and environmentally destructive. educated consumers take the extra effort to know where their dollar is going and how the product is made. needlessly shipping goods across the ocean is also an added strain on the environment.

try educating yourself instead of relying on fallacious arguments and ad hominen attacks.

Just because China has some brilliant engineers and cutting edge technology, doesn't imply that it cannot also have a cheap labor force.

that's your argument on this very complex issue, one report on Chinese weapons systems? i've heard some bad ones on Gothamist, but that is one extremely myopic analysis.

Oh, please. Ever heard of an "example," Einstein? It says a lot that the greatest eloquence you can muster is "fuck Bloomberg."

I think we all know where you're coming from, judging from comment [12] below. Yours is rampant sinophobia coupled with unvarnished jingoism. The LCD screen you're starting at is probably from China. The iPad that over 8 million people have bought and most love is made in China. I doubt a single one would say it feels cheap and will end up in a landfill anytime in the next few years, barring a destructive accident. You can write to companies all you want, but they're not going to suddenly blow billions building consumer electronics factories in the US because they know people like you are all talk and no action. You claim you'd be willing to pay more, but if the product came out at 6x the Chinese price, you'd turn around and accuse the company of trying to milk the consumer. They can't win where people like you are concerned.

I have tons of items from all eras in my home, and not only are the recent Chinese items often very good quality, the older American-made stuff very often sucked. If you were around in 1980, I'm sure you made the same xenophobic remarks about "made in Japan junk." I'm not sure if you're really hotstepper or goosestepper.

followed up by an equally idiotic comment i see. i never once said anything remotely xenophobic you pompous ass. you only site electronics for a reason, because the "made in china" label on clothing, tools, kitchenware, books, office supplies, and everything else more often than not means "lower quality".

you also need to ignore important aspects of my argument and put words in my mouth in order to justify your idiotic remark, so the logic of your statement is obviously flawed. i do buy products that are the best quality, not because i am wealthy but because i don't believe in the disposable culture that has developed because of people like you. buying food and consumer goods made in your own backyard just makes sense. the dollars that stays in your economy comes back to you. it has nothing to do with race and you're a pandering idiot for injecting it into the discussion.

Yeah, sure. You're not xenophobic. Nope, you're just "American stuff is always better." The way you pepper your arguments with "fuck, neanderthal, pompous ass, pandering idiot" sure makes your points seem valid. Why don't you try heading over to Shanghaiist and tell them they're just a bunch of backward fools who can't do anything right except making things ultracheap. The ugly American lives.

the fact that you insist on characterizing this as a race issue only displays your ignorance of economics and the effects of globalization. you've got nothing else to add.

You sure that's still true? (Note the image in current featured article, "Panhandlers Jump Bushwick Man.")

Good to point that out...except the sign says 50 cents per head bang...that could be $50 per hour with enough demand.

The chinese are spending our taxpayer's dollars to subsidize their industries, not theirs.

You make it sound like China stole your money. You willingly give it by demanding the lowest possible prices for all your goods.

We want our cake and eat it too, but when we can't, we cry like a baby.

Seems Liam is exactly the kind of person Bloomberg was addressing. Every time somebody else wins, it's "They cheated!" rather than admitting, "We blew it."

Yep, and we did blow it.

We buy products made by companies that ship jobs overseas and elect politicians that encourage it.

All China did was take advantage of it, just like we would.

I like the way he talks and some of what he does but this FUCK is all about the money.