Freedom in Our Most Favoritest Trading Partner

[dilloduck]

The USSR was a totalitarian communist nation that didn't value human lives. We competed, and won. We could have won sooner if we'd have done things differently. For the trillionth time: Socialism. Doesn't. WORK!

The race to the bottom you describe has improved the living standards of both China and the US. China gets higher wages, the US gets cheaper goods. Both sides benefit, otherwise the trade wouldn't take place. Free trade with china is probably the only reason a lot of people have been able to keep their heads above water for the last 5~10 years. Inflation has been running high during the later Greenspan years, except for goods produced in China. If consumer goods had kept up with inflation in other areas (name just about anything which can't be easily outsourced--health care, education, energy, etc and you'll see what's really going on with inflation), the average american would be in a world of pain.

IE--a totally symbiotic relationship?