R
rdean
Guest
When Republicans cut taxes for the rich the first time, 52% went to just 1.7% of the population. Where was it spent?
And now that they managed to do the same thing again, where is that money going to be spent? The answer might surprise you.
U.S. Companies That Invest Big In China - Forbes.com
All-American companies from Apple ( AAPL - news - people ) to Ford Motor ( F - news - people ) to Nike ( NKE - news - people ) to HJ Heinz ( HNZ - news - people ) to the Gap ( GPS - news - people ) are expanding in mainland China. Last year American companies ponied up $3.6 billion in foreign direct investment in China, up sharply from the $2.9 billion invested in 2008, according to the U.S.-China Business Council.
Much of the money was spent building or expanding factories (in China). Nearly half of the investments so far this year--more than $18 billion--came in the manufacturing sector.
China factories close to catching U.S. manufacturing output - Jun. 21, 2010
The value of goods produced by China's factories reached about $1.6 trillion last year, compared to $1.7 trillion by U.S. manufacturers.
But Tonelson said the share of U.S. purchases of more expensive products made in China has risen steadily in the past decade. The Chinese share of the U.S. computer market now tops a third, for example.
"This is not just shoes and toys and T-shirts," he said about the growth of Chinese manufacturers. "And you ain't seen nothing yet."
Made in China - Wikipedia, the free encyclopedia
2007 Chinese Export Recall
2008 Chinese milk scandal
2009 Made in India scandal
Made in China: tainted food, fake drugs and dodgy paint
Seafood ban latest threat to China's reputation in U.S.
US halts China seafood imports
Chinese Regulators Say Goods Substandard
death toll from Chinese toxins rises
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I'm just trying to figure our what the right wing thinks it's doing? Why are they so eager to support "China"? I know many on this site don't believe that China is a communist country, but it is. Even if it weren't, why so much support? Republicans are working to invest in China while Americans are tearing up our roads to replace them with gravel. Hi tech trains in China and gravel roads here? Someone please explain to me. PLEASE!
Tight times put gravel on the road - USATODAY.com
Gravel roads, once a symbol of quaint times, are emerging as a sign of financial struggle in a growing number of rural towns.
High costs and tight budgets have prompted communities in Maine, Michigan, Indiana, Pennsylvania and Vermont to convert or consider converting their cracked asphalt roads back to gravel to cut maintenance costs, officials in those states say.
And now that they managed to do the same thing again, where is that money going to be spent? The answer might surprise you.
U.S. Companies That Invest Big In China - Forbes.com
All-American companies from Apple ( AAPL - news - people ) to Ford Motor ( F - news - people ) to Nike ( NKE - news - people ) to HJ Heinz ( HNZ - news - people ) to the Gap ( GPS - news - people ) are expanding in mainland China. Last year American companies ponied up $3.6 billion in foreign direct investment in China, up sharply from the $2.9 billion invested in 2008, according to the U.S.-China Business Council.
Much of the money was spent building or expanding factories (in China). Nearly half of the investments so far this year--more than $18 billion--came in the manufacturing sector.
China factories close to catching U.S. manufacturing output - Jun. 21, 2010
The value of goods produced by China's factories reached about $1.6 trillion last year, compared to $1.7 trillion by U.S. manufacturers.
But Tonelson said the share of U.S. purchases of more expensive products made in China has risen steadily in the past decade. The Chinese share of the U.S. computer market now tops a third, for example.
"This is not just shoes and toys and T-shirts," he said about the growth of Chinese manufacturers. "And you ain't seen nothing yet."
Made in China - Wikipedia, the free encyclopedia
2007 Chinese Export Recall
2008 Chinese milk scandal
2009 Made in India scandal
Made in China: tainted food, fake drugs and dodgy paint
Seafood ban latest threat to China's reputation in U.S.
US halts China seafood imports
Chinese Regulators Say Goods Substandard
death toll from Chinese toxins rises
-----------------------------------------------------------
I'm just trying to figure our what the right wing thinks it's doing? Why are they so eager to support "China"? I know many on this site don't believe that China is a communist country, but it is. Even if it weren't, why so much support? Republicans are working to invest in China while Americans are tearing up our roads to replace them with gravel. Hi tech trains in China and gravel roads here? Someone please explain to me. PLEASE!
Tight times put gravel on the road - USATODAY.com
Gravel roads, once a symbol of quaint times, are emerging as a sign of financial struggle in a growing number of rural towns.
High costs and tight budgets have prompted communities in Maine, Michigan, Indiana, Pennsylvania and Vermont to convert or consider converting their cracked asphalt roads back to gravel to cut maintenance costs, officials in those states say.