[Info-vax] AXIS2/C, gSOAP

[Neil Rieck]

>
> Free trade works when it isn't lopsided. The problem is that the USA
> exports to China a tiny fraction of what it imports. (saw with most
> western countries relative to China).
>
> If the Yuan were decoupled from the USA, it would shoot way up (and the
> USD go down), and this would magically make USA-made products much mroe
> competitive, and chinese products much less competitive.
>

The problem with job-loss is that people loose skills AND factories
loose equipment. In the Kitchener/Waterloo area we have seen factories
shut down while the contents (milling machines, punch presses, etc.)
torn down then shipped to China. For the jobs to come back to this
area, someone first needs to spend money on new factory hardware.
Investors won't do this unless they are guaranteed a pay-off and this
won't happen unless the government places tariffs on imported goods.

>
> You'd see Apple, HP, Dell etc packup and come back home to make their
> devices REALLY QUICK.
>

I suspect you would see jobs move to the next poor country.
Manufacturing jobs will probably never return to North America unless
modest import tariffs are reinstated to protect domestic jobs.

In the mean time, some professions have made sure there will be no
foreign competition. Medical associations control who, and how many,
people will work in MEDICINE. If there was ever a profession which
should have been affected by the outsourcing of Information (via the
internet) is the Law profession. But lawyers and judges use "Bar
Associations" to control who, and how many, people will work in LAW.
For some reason, when trade unions attempt the same thing the public
get's pissed and starts to use words like "socialism"

> However, the Chinese would lose hundreds of billions in USD investments
> because the USD would have dropped so much value against the Yuan.

NSR