To: Anti Tariff Zealots
truthseeker39525 says:
August 3, 2018 at 12:29 pm
I was in mechanical engineering at George Washington University (in DC) in the 1970’s.
At that time, at that school, it was many of the Iranians who were the blatant cheaters.
(If those students had put the same effort into studying instead of cheating, they would have aced the tests on the merits.)
After one exam in a Materials Science class, some of us American students were grumbling to the professor about all the cheating.
He told us “Boys, don’t worry, I’ve got ’em outsmarted.â€
We were dumbfounded. “How did you outsmart those slick SOB’s?†we wanted to know.
The professor replied “I just give ’em all “A’s†and send ’em home.â€
Then it sunk in….. not understanding basic Materials Science and Strength of Materials, the things they design are likely to break, bridges fail, etc.
Let them reap what they sow.
jkash (@USjkash2) says:
August 4, 2018 at 3:53 am
It’s funny, I WORK with engineers from China and those who I admire the most are the most culturally balanced and good hearted and so in demand..but they actually are not chomping at the bit to advance, but want some balance.
On the OTHER hand, there are some who come here and their…hygiene…has caused us to have to actually tutor them on how it is NOT inappropriate to wash your face AND YOUR FEET in the kitchen sink or spit in it. Their tendency to dismiss this as just silly because the water stream is more powerful and therefore they prefer it – and then to just leave it at that, is mind blowing. Culturally they are remedial. And at work I cannot say that these are those that excel.
The comment that without the VALUES, with the tendency to view human beings as mere statistics and to view the family as a source of productivity potential, China can never emulate our success, is absolutely spot on.
Interestingly, Mary Kay Ash of Mary KAy, saw how her business model was studied in schools and even copied, but the ONE thing that was dismissed as optional was the thing that Mary Kay valued above all else and to which she attributed her gob smacking success:
The Golden Rule.
Mary Kay is having a bit of a challenge now as those who have been faithful to her 60+ year model, understanding the importance of carrying on her priority of faith, family, career, are confronting younger women trained now for decades in short cuts, self-gratification and with social media…a glaring deficiency in observing those around them.
Ironically, Mary Kay is a newer model in China and it is exceeding all expectations..and those who are doing the best are actually successful by CHina’s standards of productivity, but they are getting a taste for Mary Kay’s deep and profound respect for human life, which is NOT China’s favorite frame of mind. They are actually considered a threat to the country’s mindset and are not allowed to gather in the larger forums for awards and recognition as they are in the U.S. , for fear of having too much influence on the culture.
China Is Collapsing, just from Threats (and you want to wave the White Flag, Set All The Pieces Back Up on the Board Just The Way They Were Before, . . . . . while bitching about a 10 to 25 pct Increase in the cost of a frigin Pocket Phone?
Last time I looked the cost of an iphone, at the point of manufacture, was $8.35.
Even if they've gone up 100% since then, your bitch is with Apple, not the threat of a 25% tariff on top of that $8.35.
AceODale says:
August 2, 2018 at 7:46 pm
I work in the transportation and tourism industry. For the past decade(?) we have benefited immensely from Chinese tourism. This summer we experienced a significant decline in Chinese charters.
If your company is dependent on Chinese business, you could have some rough sailing ahead.
Jenny R. says:
August 2, 2018 at 7:33 pm
Short answer: might be a good time to pull out of some of that China investment, diversify that China laden portfolio….a better time would have been before now (the returns are going down swiftly) but sometimes you just have to roll that hard six and make it out with your skin intact.