Common Sense Economics

According this, worse economic woes are ahead of us.  Well, all I have to say to that is DUH!!! Anybody that didn’t see this coming is DUH – DUH – DUMB! 

Back in the 80’s, we exported all the icky low paying manufacturing jobs because “We’re going to become a service economy.”.  Basically, we don’t make shit any more.  What we do make here is actually not made here, it’s assembled here from parts that got made somewhere else.  Hang on to this idea, since we’ll revisit it in a bit.  The manufacturing jobs are gone and they’re never going to come back. 

So that we we converted to “service jobs”, and for a while we raked in some better pay.  But it was temporary.  Now those jobs are being sent overseas.  So basically, we don’t make shit and we don’t do shit.  In an economy where we don’t make shit and we don’t shit, we don’t buy shit.  That means those that aren’t working don’t eat out a lot.  They don’t get haircuts.  They start canceling gym memberships.  They don’t get the car detailed.  No ballet lessons for the girls.  No soccer clubs for the boys.  That puts a world of hurt on all the local mom & pop businesses.  In turn, they start laying off staff. 

Our economy is driven solely by consumption.  However, when people aren’t working, they’re not consuming.  They’re cutting back.  Pinching the proverbial pennies.  Bush’s idea to get us out of this is to send $600 stimulus checks.  Remember what we were talking about in the beginning.  We don’t make shit any more.  No, we get our stimulus check and rush off to Wal-Mart, Best Buy, or where ever else to buy that SuperWidget we wanted.  Wanna guess how much of that stimulus check stayed here in the States?  Seriously, who’s economy are we stimulating?  If you want to stimulate the economy, lighten up on the small business loans from the SBA.  Create jobs locally, not in Singaore or Bagalore or Timor.  That would do more, long term than $600 each.


China Blames USA for Lead Paint on Toddler Toys

In an interesting twist of events, China is blaming the USA for their factories putting lead paint on toddler toys.  I fail to see how this is in any way, shape, form or fashion the fault of the USA.  Nothing like that should ever be manufactured anywhere in the world, given what we know about lead paint and children.  How something that’s made in *your* factory, according to *your* rules, and it is supposed to be checked by *your* safety inspectors is our fault?

Oh, wait, you’re right.  It is our fault after all.  We shouldn’t be importing a damn thing from you people because you can’t even ensure clean, safe food and medicine for your populace.  So I guess it is our fault after all.

More Imports from China & an Update

Well, isn’t this lovely?  In addition to poisoning our pets with ground up counter top material causing massive dog food recalls and costing the makers of the dog food millions of dollars, China is now poisoning our children with lead based paint on toddler toys.  So far, 967,000,000 toys are involved in the recall in the USA alone.  Since there are only about 300,000,000 people, the odds that your kid or a child you know has one of these toys is very high.  Lead-based paints were banned in the USA decades ago because of the effect lead has on developing children.  It causes brain and physical abnormalities that will impact the child for the rest of its life. 

This follows quickly on the heels of being caught exporting fake medicines for life-threatening conditions like malaria and diabetes.  How’d you like to be the one taking the fake birth control pills?  The head of China’s version of the FDA was executed
recently for licensing fake drugs.  These covered everything from fake
antibiotics, fake AID’s drugs, and all sorts of other things.  Worse
still, the fake drugs often contain just a trace of the real thing. 
It’s enough to mask the symptoms and create medication resistant stains
of the illnesses they’re supposed to be treating.

Their own government admits that nearly 20% of all Chinese products fail to meet their own internal safety and quality standards, which are considerably more lax than those in the USA.  Worse yet, several other countries have forced the recall of poison-tainted toothpaste made in…you guessed it, CHINA.  The government there has reacted by closing 180 food factories producing things like pickles with formaldeyde and sweets laced with poison and industrial waste.  That’s for consumption by their own people.  One can only imagine what they’re exporting. 

Even the Chinese population has taken to purchasing foreign products whenever possible, feeling that they safer and less likely to be toxic.  That even applies to everyday things like food products and drinking water.  Even though imported  foods are never fresh and tend to be considerably more expensive, the perception from China’s own people is that foods from Japan, the US, Australia, etc. are safer to eat. 

I orginally posted this on August the 3rd.  Since then, a new situation has arisen with yet another Chinese import. Apparently, they’re putting toxic waste into consumer goods like flip flops.  Several people have reported chemical burns due to wearing the flip flops that were purchased at Wal-Mart.   If you have a strong stomach, you can flip through the photos on the link above.  Despite repeated reports to Wal-Mart, the company has not removed the shoes from the store shelves and is continuing to sell them.  Attempts to contact the manufacturer have been in vain.   

If their own people don’t trust Chinese made products, why do we?  What is it going to take before we ban imports from China?  How many people are going to have to die before we get the point?  Until then, do yourself a favor.  If it says “Made in China”, buy something else.