Newt Gingrich loves how China runs it's economy! Wants a Chinese model for US!

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  • RobsanX
    Member
    • Aug 2008
    • 2030

    Newt Gingrich loves how China runs it's economy! Wants a Chinese model for US!

    I think this should be a serious wake up call to anyone who works for a living. Newt has been going on and on about how great China is, and their successful economy. This is what the Republicans want for American workers. Slave wages, no environmental or safety regulation, no oversight of human rights violations. This is your "patriot" folks. A man who would whip hard working Americans like dogs.

    This is an excerpt from a speech he recently gave called "Real Change or Continued Decay". Does anyone feel that the Chinese have it better than us? Is this change you can believe in?

    I had the embarrassing experience. Callista and I went to China last August. We went to four major cities, Beijing and then three cities in Manchuria. Every city we went to were hosted by senior Chinese officials. They're lecturing me on free enterprise.

    [Laughter.]


    "Why is your country borrowing so much money? Why are you failing to invest in the future?" They don't have a stimulus package. They have an investment package. They're building a 225‑mile‑an‑hour rail system connecting every city in China. They think we're nuts.
    I mean, for me, I grew up as a hardline anti‑Communist ring winger. To be lectured by Chinese communists on free enterprise was one of the most humbling experiences of my life.


    [Laughter, applause.]


    And what was really bad is they were right. So, in the tradition of learning widely, I want to offer you as one of the roles for Michigan, one of the great lessons of Deng Xiaoping. Deng Xiaoping is one of the four great liberators of human beings in the last half century, rivaling Ronald Reagan, Margaret Thatcher, and John Paul II, and he was arrested three times for a year or more because he kept arguing with Mao about the impossibility of Mao's model.


    Deng Xiaoping in 1978 gets the Community Chinese Party to adopt the principle that you have to create jobs, and that to create jobs, you have to have a market economy. Now, it's a dictatorship. Don't misunderstand me. I have no illusions about the Chinese dictatorship, but they come to the realization, and Deng Xiaoping is very successful in making the argument, "If we don't create jobs, they're going to throw us out, so we had better go to work creating jobs."


    And this argument goes on, back and forth, and in 1992, he undertakes what is called the "Southern Tour" because he goes across the South, and he gives speeches. And, if you go to Nanjing, which is a city in South Central China, you will see a bridge, and on the bridge, you'll see two giant cats, about 12‑, 14‑feet tall. One cat is black, and one cat is white. And they commemorate his most famous single phrase. He's in South China, and he's talking to Communist apparatchiks, and he says, "Look, I don't care if the cat is black or the cat is white. I care if it catches the mouse." And what he's saying is don't tell me Communist dogma, don't tell me ideology. Can you create jobs or not? And if you can't create jobs, your ideology is stupid because you're not going to be able to survive.
    http://www.newt.org/newt-direct/real...ech-transcript

  • sgreger1
    Member
    • Mar 2009
    • 9451

    #2
    Umm, aside from the biased into, his speech makes sense. His message is that we need to create jobs, that we need to invest in the future and that we need to be rethinking how we do things because our current model is not working. To me it didn't sound like he was advocating slave wages or communism, but quite the contrary.


    First of all, in America we get paid more than we should, drive better cars than we can afford, live in better houses than we can afford etc. Over time this has led to collapse because it's all fake and based on credit. If we instead made a certain amount that was comparable to the rest of the world, prices for items would drop and we could afford similar things for a cheaper cost, and have the added benefit of our labor force being competative in the world market.


    If I can feed my family in china for 10 dollars a day. This is good, because jobs will be created since my labor is valuable because it is cheap.

    If I need $500 a day to feed my family, this is fine as long as i'm getting paid that, but my labor is now too expensive and therefore my job will go overseas and the economy will eventually collapse.



    Either way, it didn't sound like he was advocating slave wages, but rather asking ""Why is our country borrowing so much money? Why are we failing to invest in the future? Why do we have a stimulis package and not an investment package? Why are our major industries and infrastructure so outdated and not up to standard compared with the rest of the world?". I think these are legitimate questions to ask.

    Everyone wants to drive 2 cars, live in a nice house and pay $6 for a starbucks coffee each morning. The question is, as a nation, can we afford this. Are our rediculously high wages and high cost of living giving us a disadvantage in the world market, is this why our economy is collapsing, because we aren't competitive anymore and don't have enough jobs to sustain ourselves?

    Comment

    • RobsanX
      Member
      • Aug 2008
      • 2030

      #3
      So why do you think the Newt, who is a likely presidential candidate, is over in China hobnobbing with politicians and business leaders? My guess is it ain't because he likes chicken chow mein. He wants to implement a Chinese economic system here.

      Comment

      • sgreger1
        Member
        • Mar 2009
        • 9451

        #4
        Originally posted by RobsanX View Post
        So why do you think the Newt, who is a likely presidential candidate, is over in China hobnobbing with politicians and business leaders? My guess is it ain't because he likes chicken chow mein. He wants to implement a Chinese economic system here.
        Wtf kind of logic is that? That is as stupid as me saying "Well when Obama went to Saudi Arabia and bowed to their leader, what do you think he was doing over there, eating kufta? No, he wants to implement a muslim economic system in America."


        DOES NOT COMPUTE.

        Frankly I like Newt in one way but at the same time he is one of the career politicians and therefore needs to be out. I would be happy if in the next election every incumbent lost their seat. Even if the dems still had the majority and the numbers didn't change, it would be nice to get rid of anyone who's been there too long (on both sides of the isle). After being in congress for a few decades they make too many friends in bad places and have to many existing "partnerships" (read as: kickbacks to lobbyists) to be honorable and just leaders.

        Comment

        • MGX
          Member
          • Jun 2010
          • 127

          #5
          Economically China is doing many things right. The lot of the average Chinese citizen is improving steadily. Wherever cheap labor exists; that is where the manufacturing goes (read Wealth of Nations for a primer on economics). Mining, manufacturing and agriculture are the three main areas in which a nation becomes wealthy and China has all three (America is still the world's #1 manufacturer however and will probably soon cede the title to China in 2011).

          China is making a start at environmental issues. The Gobi is expanding, problems of water distribution and sanitation and air quality are all being addressed; perhaps at a rate that is not on the same level as we in Western nations.

          Comment

          • RobsanX
            Member
            • Aug 2008
            • 2030

            #6
            Saudi Arabia's economy is oil, period. So Obama had no reason to go there other than to assure our supply of oil is still flowing.

            I don't have links, but he gave another speech praising China's economy. He credited the success to China having zero capital gains tax, but anyone with two brain cells to rub together knows that China's success is due to cheap labor. That and more recently, currency manipulation.

            Comment

            • Bigblue1
              Banned Users
              • Dec 2008
              • 3923

              #7
              Well during the Industrial Revolution, Living standards, job conditions, and Wages all sucked here. This is When most of the wealth this nation ever had was created. And The same people who made it here are now making it there, you can bet on it......

              Comment

              • sgreger1
                Member
                • Mar 2009
                • 9451

                #8
                Originally posted by RobsanX View Post
                Saudi Arabia's economy is oil, period. So Obama had no reason to go there other than to assure our supply of oil is still flowing.

                I don't have links, but he gave another speech praising China's economy. He credited the success to China having zero capital gains tax, but anyone with two brain cells to rub together knows that China's success is due to cheap labor. That and more recently, currency manipulation.


                His thing with china is that they are more successfull than us because they are business friendly. This is good because it means low taxes for businesses, but it is bad because (as you pointed out), it means lower wages for workers. I do not advocate instituting a chinese style system here. They make money now, but someday their people will rise up to protest the injustice of their wages, just like we did when we established unions back around the turn of the century because the conditions were so horrible.

                You just wait, someday China's people will demand better work conditions and higher wages, and on that day they will be scrambling to put out fires and their economy will come to a standstill.

                Comment

                • MGX
                  Member
                  • Jun 2010
                  • 127

                  #9
                  Originally posted by sgreger1
                  His thing with china is that they are more successfull than us because they are business friendly. This is good because it means low taxes for businesses, but it is bad because (as you pointed out), it means lower wages for workers. I do not advocate instituting a chinese style system here. They make money now, but someday their people will rise up to protest the injustice of their wages, just like we did when we established unions back around the turn of the century because the conditions were so horrible.

                  You just wait, someday China's people will demand better work conditions and higher wages, and on that day they will be scrambling to put out fires and their economy will come to a standstill.
                  China is already pointed in this direction. Both Honda and Toyota plants in China have had labor troubles with the populace seeking to unionize (besides the Worker's Union which all are members of). In addition the plant making Apple Iphones has had several suicides recently over working conditions and even after two or three across the board pay raises unrest is still present.

                  The country is going through some growing pains.

                  Comment

                  • Ainkor
                    Member
                    • Sep 2008
                    • 1144

                    #10
                    For all I hear about China's great economy, the more I hear about how they are building quite possibly the largest economic bubble ever. I can't find the article that I read but it was from a respectable news outlet and the problem they talked about is how that China creates economic funds to drive growth in small provinces. The problem with this is that most of the businesses can't pay back the loan so in order to cover it, the government is bailing out the provinces.

                    It's an even more unsustainable problem than we have/had.

                    Comment

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