https://www.ft.com/content/e283773a-801a...ac3b9ee271

Intellectual property theft and expropriation costs US businesses as much as $600bn a year, according to the Commission on the Theft of American Intellectual Property. Think of what that means — more than 3 per cent of America’s gross domestic product is lost each year to theft, piracy and espionage. China is a primary culprit: it accounts for 87 per cent of all counterfeit goods seized at the border....

On Monday, President Donald Trump will direct Robert Lighthizer, the US trade representative, to determine whether to formally investigate Chinese policies, practices, or actions that may be harming US companies’ intellectual property, innovation and technology by encouraging or requiring the transfer of technologies to China.Through this directive, President Trump is fulfilling another campaign promise to consider all appropriate tools to address Chinese trade activities that may be harming American economic interests. He is the first president to take any meaningful steps toward dealing with this hugely important issue....

They are buying American companies like GE Appliances.Guessing having access to millions of folks including employees and customers information has it's benefits too.

This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

China is going to start to hurt though... As they rise their labor rises. Suddenly between growing labor cost and the fact they will steal your designs it becomes a better option to manufacture somewhere else.

(08-15-2017 09:35 AM)HeartOfDixie Wrote:  This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

But the consumer benefits. If this practice is stopped, won't the price of products go up?

Sent from my SM-T357T using CSNbbs mobile app

(08-15-2017 10:46 AM)Fitbud Wrote:  

(08-15-2017 09:35 AM)HeartOfDixie Wrote:  This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

But the consumer benefits. If this practice is stopped, won't the price of products go up?

Sent from my SM-T357T using CSNbbs mobile app

But does he really?

What consumption is possible if nobody has any money?

Fordists would say that ultimately the consumer is hurt.

(08-15-2017 09:35 AM)HeartOfDixie Wrote:  This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

been trying to point out owning 10% of USD debt = leverage on both sides of the equation....

now, it's my turn to just frAck with every goddammmed one of yaz.....

the ones that could got fat, and the ones that could do something about it got fatter....

fk'n morons yeilds spoilt little biatches....

welcome to hell.....

#ZEROPOLICYINHERITED

#COSTA

edit: at least you still see/saw what DJT is attempting to accomplish....

the fk'n libertarian party is just fk'n stupid in today's schema.....and I'm a centrist to the TEE

(08-15-2017 10:50 AM)HeartOfDixie Wrote:  

(08-15-2017 10:46 AM)Fitbud Wrote:  

(08-15-2017 09:35 AM)HeartOfDixie Wrote:  This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

But the consumer benefits. If this practice is stopped, won't the price of products go up?

Sent from my SM-T357T using CSNbbs mobile app

But does he really?

What consumption is possible if nobody has any money?

Fordists would say that ultimately the consumer is hurt.

If it's a blue collar worker that manufactures those products then yes. There needs to be a middle ground. I'm willing to pay more for American products but when a Chinese knock off is three and sometimes four times cheaper, it's no contest.

Sent from my SM-T357T using CSNbbs mobile app

(08-15-2017 10:57 AM)Fitbud Wrote:  

(08-15-2017 10:50 AM)HeartOfDixie Wrote:  

(08-15-2017 10:46 AM)Fitbud Wrote:  

(08-15-2017 09:35 AM)HeartOfDixie Wrote:  This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

But the consumer benefits. If this practice is stopped, won't the price of products go up?

Sent from my SM-T357T using CSNbbs mobile app

But does he really?

What consumption is possible if nobody has any money?

Fordists would say that ultimately the consumer is hurt.

If it's a blue collar worker that manufactures those products then yes. There needs to be a middle ground. I'm willing to pay more for American products but when a Chinese knock off is three and sometimes four times cheaper, it's no contest.

Sent from my SM-T357T using CSNbbs mobile app

Then you and I are in agreement.

I will pay more for an American made product.

If only there was a trade agreement with other SE Asian countries that could cumulatively match the production capacity of China and would give us huge leverage in trade negotiations and patent enforcement against China...

Oh wait, that was the TPP.

(08-15-2017 10:58 AM)HeartOfDixie Wrote:  

(08-15-2017 10:57 AM)Fitbud Wrote:  

(08-15-2017 10:50 AM)HeartOfDixie Wrote:  

(08-15-2017 10:46 AM)Fitbud Wrote:  

(08-15-2017 09:35 AM)HeartOfDixie Wrote:  This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

But the consumer benefits. If this practice is stopped, won't the price of products go up?

Sent from my SM-T357T using CSNbbs mobile app

But does he really?

What consumption is possible if nobody has any money?

Fordists would say that ultimately the consumer is hurt.

If it's a blue collar worker that manufactures those products then yes. There needs to be a middle ground. I'm willing to pay more for American products but when a Chinese knock off is three and sometimes four times cheaper, it's no contest.

Sent from my SM-T357T using CSNbbs mobile app

Then you and I are in agreement.

I will pay more for an American made product.

Not two or three times more.

Sent from my SM-T357T using CSNbbs mobile app

(08-15-2017 11:05 AM)Fitbud Wrote:  

(08-15-2017 10:58 AM)HeartOfDixie Wrote:  

(08-15-2017 10:57 AM)Fitbud Wrote:  

(08-15-2017 10:50 AM)HeartOfDixie Wrote:  

(08-15-2017 10:46 AM)Fitbud Wrote:  But the consumer benefits. If this practice is stopped, won't the price of products go up?

Sent from my SM-T357T using CSNbbs mobile app

But does he really?

What consumption is possible if nobody has any money?

Fordists would say that ultimately the consumer is hurt.

If it's a blue collar worker that manufactures those products then yes. There needs to be a middle ground. I'm willing to pay more for American products but when a Chinese knock off is three and sometimes four times cheaper, it's no contest.

Sent from my SM-T357T using CSNbbs mobile app

Then you and I are in agreement.

I will pay more for an American made product.

Not two or three times more.

Sent from my SM-T357T using CSNbbs mobile app

I would if the average wage went up--which it would if everybody in the country had a $40,000 per year job making everything you and I are paying more for.

(08-15-2017 10:57 AM)Fitbud Wrote:  

(08-15-2017 10:50 AM)HeartOfDixie Wrote:  

(08-15-2017 10:46 AM)Fitbud Wrote:  

(08-15-2017 09:35 AM)HeartOfDixie Wrote:  This is definitely something that must be addressed. It's a very serious prong in the economic war China is waging on us.

But the consumer benefits. If this practice is stopped, won't the price of products go up?

Sent from my SM-T357T using CSNbbs mobile app

But does he really?

What consumption is possible if nobody has any money?

Fordists would say that ultimately the consumer is hurt.

If it's a blue collar worker that manufactures those products then yes. There needs to be a middle ground. I'm willing to pay more for American products but when a Chinese knock off is three and sometimes four times cheaper, it's no contest.

Sent from my SM-T357T using CSNbbs mobile app

hey guy.....how about when engineering is strapped to the point of constituted fail from management fail???

then what boy genius???

it's always about the raw mat'l and the USD.....

this is OUR WORLD you fk'n DA....this isn't 1888

go teach some more stupid guideline'd reconstituted regurgitated shite....

@nomajikswitch

#dipshite

(08-15-2017 11:11 AM)HeartOfDixie Wrote:  

(08-15-2017 11:05 AM)Fitbud Wrote:  

(08-15-2017 10:58 AM)HeartOfDixie Wrote:  

(08-15-2017 10:57 AM)Fitbud Wrote:  

(08-15-2017 10:50 AM)HeartOfDixie Wrote:  But does he really?

What consumption is possible if nobody has any money?

Fordists would say that ultimately the consumer is hurt.

If it's a blue collar worker that manufactures those products then yes. There needs to be a middle ground. I'm willing to pay more for American products but when a Chinese knock off is three and sometimes four times cheaper, it's no contest.

Sent from my SM-T357T using CSNbbs mobile app

Then you and I are in agreement.

I will pay more for an American made product.

Not two or three times more.

Sent from my SM-T357T using CSNbbs mobile app

I would if the average wage went up--which it would if everybody in the country had a $40,000 per year job making everything you and I are paying more for.

No one is going to get 40k to screw in screws or hammer nails.

Sent from my SM-T357T using CSNbbs mobile app

The whole argument about Chinese (and other third world) workers earning starvation wages is really over hyped.

One, as Peter Zeihan points out, imports and exports constitute a smaller portion of our total GDP than virtually any other developed country. The problem is not that we import so much, but we export so little. We are the largest net importer, and the largest debtor, nation in the world, and our net imports in most years are larger than the combined total for all other net importer countries.

Two, there are limits to what those lowly paid workers are capable of doing. Where we need to be competitive is not sewing up Nikes but at the high end of the scale. Germany can't compete with China for cheap labor, either, so they don't try to. Instead, they focus on quality at the top end, not volume of cheap consumer products. That's the space where we need to be competing, because we don't give away much in wages or regulatory costs to those places. Where we get killed versus them is taxes, with the highest corporate statutory rate in the world. That makes us non-competitive with people with whom we have no valid reason to be non-competitive. While we are at it, we need to fix eduction and infrastructure so we aren't giving away advantages there. We have an inherent infrastructure advantage in that we have half of the world's miles of navigable waterways, and water is the cheapest way to move things. We need to enhance our advantages.

Three, a consumption tax would 1) help level the playing field with other nations and 2) enable our corporate taxes and top individual taxes to be lowered to levels competitive with the rest of the world, or better. Politicians of all flavors beat the drum that we have free trade agreements with countries that still charge tariffs on imports from us and subsidize exports to us. What's going on is the operation of consumption taxes, in accordance with treaties and trade agreements to which we are signatory parties.

Four, real health care reform that lifted the burden off the backs of business would make us far more competitive in the world. Obamacare was pushed as doing this, but instead it actually makes things worse.

We need to quit worrying so much about China, and start competing with Germany and the rest of Europe and Japan.

(08-15-2017 12:50 PM)Fitbud Wrote:  

(08-15-2017 11:11 AM)HeartOfDixie Wrote:  

(08-15-2017 11:05 AM)Fitbud Wrote:  

(08-15-2017 10:58 AM)HeartOfDixie Wrote:  

(08-15-2017 10:57 AM)Fitbud Wrote:  If it's a blue collar worker that manufactures those products then yes. There needs to be a middle ground. I'm willing to pay more for American products but when a Chinese knock off is three and sometimes four times cheaper, it's no contest.

Sent from my SM-T357T using CSNbbs mobile app

Then you and I are in agreement.

I will pay more for an American made product.

Not two or three times more.

Sent from my SM-T357T using CSNbbs mobile app

I would if the average wage went up--which it would if everybody in the country had a $40,000 per year job making everything you and I are paying more for.

No one is going to get 40k to screw in screws or hammer nails.

Sent from my SM-T357T using CSNbbs mobile app

I HE(a)RD a rumor......how are you gonna fix this?

ZERO said it couldn't be done.....and the internutz has already erased it in a simple query.....

to all of that, I simply say, "**** THE **** OFF!"

how's my punctuation????....fk'n morons...

(08-15-2017 02:21 PM)Owl 69/70/75 Wrote:  The whole argument about Chinese (and other third world) workers earning starvation wages is really over hyped.

One, as Peter Zeihan points out, imports and exports constitute a smaller portion of our total GDP than virtually any other developed country. The problem is not that we import so much, but we export so little. We are the largest net importer, and the largest debtor, nation in the world, and our net imports in most years are larger than the combined total for all other net importer countries.

Two, there are limits to what those lowly paid workers are capable of doing. Where we need to be competitive is not sewing up Nikes but at the high end of the scale. Germany can't compete with China for cheap labor, either, so they don't try to. Instead, they focus on quality at the top end, not volume of cheap consumer products. That's the space where we need to be competing, because we don't give away much in wages or regulatory costs to those places. Where we get killed versus them is taxes, with the highest corporate statutory rate in the world. That makes us non-competitive with people with whom we have no valid reason to be non-competitive. While we are at it, we need to fix eduction and infrastructure so we aren't giving away advantages there. We have an inherent infrastructure advantage in that we have half of the world's miles of navigable waterways, and water is the cheapest way to move things. We need to enhance our advantages.

Three, a consumption tax would 1) help level the playing field with other nations and 2) enable our corporate taxes and top individual taxes to be lowered to levels competitive with the rest of the world, or better. Politicians of all flavors beat the drum that we have free trade agreements with countries that still charge tariffs on imports from us and subsidize exports to us. What's going on is the operation of consumption taxes, in accordance with treaties and trade agreements to which we are signatory parties.

Four, real health care reform that lifted the burden off the backs of business would make us far more competitive in the world. Obamacare was pushed as doing this, but instead it actually makes things worse.

We need to quit worrying so much about China, and start competing with Germany and the rest of Europe and Japan.

we're on the same page....but washtub isn't listening....

you know why....

it's the point of DJT either succeeding or failing.............

that's @checkmate

and yeah, I was a bobby fischer fan at the earliest age.....

#sleightofhandcaveat that I now divulge....I'm certain you already knew that....