George W. Bush has been in China over the past few days for the start of the 2008 Summer Olympics. Yesterday he met with President Hu Jintao of the so-called People's Republic of China.
The two presidents praised the "importance" and "constructiveness" of the U.S.-China relationship. Sure. It's a win-win situation for them, although not for the people they rule -- er -- govern.
After all, U.S. business can fire their relatively highly paid American workers and replace them with cheap Chinese labor -- not only manufacturing workers but high-tech specialists as well. Meanwhile, China's economic status has grown by leaps and bounds as a result.
And, as the two presidents bask in the spotlight and the corporate CEOs are rewarded with obscene salaries, Chinese women and children toil in sweatshops to produce your cheap Walmart goods, while more and more Americans lose their jobs. Where are the media for those photo ops?
While it's win-win for the ruling class, it's lose-lose for the rest of us.
No comments:
Post a Comment