Originally posted by: PJ Stroh
Our current president doesnt agree with you.
BYD spent billions of dollars researching batteries and building factories to mass produce them.
So did Tesla. You know what the difference was? Those endeavors by BYD were 100% subsidized by the Chinese government. Tesla had to borrow money and pay it back. Same with GM and Ford.
So anyone who says our American subsidies are equivalent to China's is being fundamentally dishonest.
AND - BYD's workers in China make less than $12K/year. Is that what we should pay our workers? Is that a fair playing field in your opinion? There's "trade" and there's "fair trade".
Buying foreign goods at a discount comes at a price to our workers and economy. Take a tour of Mansfield, Ohio or Flint, Mi and see how well our 1980's surrender of the auto industry to Japan worked for them. I dont know what to say to people who desire a repeat of that.
AND lets not forget Shi Jinping is a dictator. That reason alone has been enough to make the UNited States move away from China as an importer. You want to give him leverage over the UNited States transportation sector? I sure as hell dont.
I'll answer your questions.
Are American subsidies equivalent to China's? No. Who ever said they were? Who ever said they should be?
Have you researched whether $12K/year is a fair living wage in China? Or whether that's actually what auto workers are paid there? I have. Get back to us. As to what we should pay our workers...that depends on the value of their work. Do you know how much of a new car's sticker price is labor costs? Get back to us.
Buying foreign goods "at a discount" is GOOD for our economy. Joe Average wants to buy a car. He can get a new Chinese EV for $10K. Tell Joe that he should buy a ten-year-old used car instead, because he's an AMURRICAN. Tell him that he should be paying $30,000 for that same new car, because it's made in AMURRICA.
PJ, Japan didn't "steal" fuck-all from us. We didn't "surrender" anything to them. We screwed up, because we were stupid, arrogant, and yes, racist. We didn't think that Asians could make better cars than we could. So we did nothing to compete with them.
Yes, China is a dictatorship. So here's whatcha gonna get to do! You can buy a commie car, or a MURRICAN car at three times the price. It's YOUR choice, buddy boy! Free markets, and all that!
But while you're patting yourself on the back for making the FREEDOM! choice, consider how much worse life in China would be for its citizens if the world didn't trade with it. If you're truly concerned about daily life in China, that is.