no, because factories smell and we need to sell insurance and underwrite the insurance policies
thank you mr clinton

"no, because factories smell"

Yes,that kind of thinking caused alot of trouble.Not only in the US.

The assumption is that the U.S will be able to specialise instead in industries where it has a distinct advantage over a manufacturing-based country like China such as perhaps financial services, software, certain avenues of scientific research...etc.

Even though levels of U.S manufacturing has been dropping over all these years, it's safe to say that the U.S standard of living has also risen dramatically over the same period. This is because China is able to produce manufactured goods at much cheaper prices and adds to the discount by artifically depressing its own currency and lending to its primary export customers. In return the U.S is able to wield its financial reputation and its history of currency stability (now diminished) to offer sales of its treasury bills to the Chinese.

That's how it works in theory anyway. In truth, some say China isn't really getting that good a deal and a few high-level nationalist Chinese are beginning to speak out about it. Also I think China is capable enough to eventually extend into all the above sectors where the U.S presently enjoys an advantage, as long as the govt provides guided protection first before lifting the barriers.

What happens when the average Chinese gets a whole lot richer? Chinese labor won't be as cheap and internal demand will rise. This means an interesting market for the EU or US. This scenario of course does not take into account a resource/energy supply shortage.

"China quality?  Lead painted toys for children.  Melamine laidened food for dogs.  Sheetrock and toxic drywall goods that cause corrosion in house pipes and illness in people."

You know the US, in fact most western nations, were perfectly fine using lead paints and asbestos drywall and insulation until someone decided that people who eat paint and drywall should be allowed to survive the experience.  Now I'd never suggest tracking down and murdering the intellectually inferior but if they're doing it themselves who are we to stop them.

Ahhhh yes, the baby formula.  Baby's don't need non-toxic powder formula.  Melamine is for people consumption too said the chinese!  Actually when tearing out a wall or demolishing a home the asbestos particles become airborne and people breath them in.  It's an item that does not breakdown in the body and is readily absorbed in the body.   

Lead is even worse.  A house burns, the lead turns gasious and is immediately breathed in, becomes soluable again, and slowly can build up in quantities that can cause health problems.  Kidney failure, lung cancer, brain hemeraging...etc etc.

Poor people without jobs that are hungry and eat drywall painted with lead paint arn't the only one's affected.

I'm in the building industry, so yah, i know what the crap does to people.

If you think what you get over there is bad quality / toxic, you should see the crap they sell to themselves domestically.  Basically, they get the factory rejects, while you abroad actually get their high-quality stuff.

A bunch of BS. It's an excuse for power. It's their alibi. Ignorant masses will follow along. They don't want to be called names. Just promise them welfare and they'll stay in line.