Criticism of the Businessman, DJT, and His Treatment Of The Business Community
- Thread starter Ponca Dan
- Start date
I'm not defending OP, but he makes a point. I've heard the same thing as you, but at some point isn't there an obligation on American businesses to quit trying to do business with a known thief before asking the government to come rescue them?
Dan, you can't really be serious that if we just do nothing, China will self-defeat by stealing lucrative technology and IP from American businesses. That makes zero sense. Are you saying that they'll hurt themselves because nobody will do business with them any more?
I would agree with this with one simple problem. It is the Chinese government that is complicit in, and a party to, the theft. So I would ask the opposite question. Shouldn't you expect your own government to at least make an attempt to have your backside when it is another government that is abusing you?
My “opposition” has always centered on tariffs and threats of trade wars. I argue it is immaterial what China does as regards subsidies and currency manipulation; if other countries like the US stick to free trade they will not be harmed. China is doing long term harm to itself, much in the same way as Japan a few years back. After 20+ years Japan is still not fully recovered. Free trade triumphs.
Theft, whether by a government or a private entity, is a different matter. I have never defended that. In fact I have never defended anything the Chinese have done. I have said it won’t matter in the long run. As I said earlier Pancreek is hearing what he wants to hear.
What would you recommend the US do to “punish” China for its malfeasance? Tariffs hurt American buyers much more than China. What good comes in harming the purchasing power of our own people? Should the US manipulate its currency like China has? China has made it much more expensive for its people to buy things as a result of its currency manipulation. Why would our government want to do the same thing to us? Everything Trump has proposed as revenge against China is more harmful to his own citizens than to China. That is what I am objecting to. He should find a way to punish China without simultaneously punishing us. If he can’t find such a way he should drop the subject and let history take its course.
Last edited:
Pancreek is right -- I've heard the same stuff from people that had their technology stolen and used against them. The chinese have absolutely no scruples.
I don't know. First, I would tell an American business to steer clear.
They may have less purchasing power with a finite sum of money on one hand, but that can be dwarfed by earning way more money and employment on the other hand.
I don't know anything about chinese currency manipulation.
I'm not sure. Sometimes you can focus on downside to a public policy to the point that you ignore the upside. Never focus on just the cost of something -- also look at the benefit.
You're entitled to your opinion. I detest Trump but don't know enough about chinese trade and monetary policy to speak intelligently. I'm surprised so many posters have so much knowledge about it.
When I said Pancreek is hearing what he wants to hear I was referring to his belief that I am defending China. It’s a pretty common reaction by people who have an emotional investment in a particular argument. It is easy to misinterpret an opposing point of view. We all do it. I do it all the time.
http://freebeacon.com/national-security/chinese-spies-engaged-massive-theft-u-s-technology/
Nice article....spells out what many on here have been saying. I was shocked, shocked I tell you, to learn the ex-rodent in chief helped some of this along by lack of funding for counterintelligence efforts.
Nice article....spells out what many on here have been saying. I was shocked, shocked I tell you, to learn the ex-rodent in chief helped some of this along by lack of funding for counterintelligence efforts.
You realize you’re just lying about funding, no?
There was a reorganization of responsibilities among the agencies, not a funding cut. Where in that article does it discuss a funding cut? And it (reorganization) started under Bush and continued under Obama’s administration.
