Yes they do. How would you like to work in a sweatshop? How about your children? You are looking at numbers with your eyes closed.<quoted text>
Are you referring to the countries or the citizens?
China and Inda now own our manufacturing. The US with it's labor movement, regulations and taxes has priced us out of the world market.
Are the Chinese so much better than the US. They claim their unemployment is 6.5% currently. But there is a lot of fudging the numbers. Most believe it's much higher:
India not far behind. They are pretty close to our unemployment rate in the US:
China owns much of our debt. They don't own our business. We give them our business by seeking cheaper products while overlooking the fact that our people don't work or pay taxes. IOWs we shoot ourselves in the foot. Unemployment numbers are pretty much meaningless due to the fact that many just fall off the edge when their unemployment runs out. What's more, the black market is a huge factor in our economy. Hell, the illegal labors make a much better living than people working at WalMart, Target, and Home Depot.