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The following article was published in our article directory on October 28, 2010.
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China is the Scapegoat for America's Economic Problems

Article Category: Business

Author Name: Amanda xzh

This year's U.S. mid-term elections, it seems that all the economic issues are related to China. China is not, as some people say that the issue has become a scapegoat for the U.S. economy it?

A U.S. politician once said, all politics is local. People care about their side of the economy, employment, health insurance and other personal problems.

But this year's U.S. mid-term elections in China are unexpectedly become a hot topic.

Exchange rate reform bill in Congress, the U.S. unemployment rate remains high, the manufacturing sector to move overseas, which are related to China.

Recently a lot of people talk of a campaign ad this way: "millionaire Pat. Graph meters are hard to create employment opportunities in China. Pat. Fig. meters stifle U.S. jobs. Perhaps he should go to China to run for Senate."

This is a Pennsylvania Senate seat battle, Democratic Senate candidate Joe. Francis Tucker by the Republican candidate Pat. Fig. meters and the relationship between a Hong Kong businessman to his attack.

Both face to face debate, Francis Tucker is still full of fire. He said: "You have a billionaire in China effect."

Toomey retorted: "You people with the ability to incite ah is really incredible."

Then take the midterm elections, said the Chinese thing, or to China as a scapegoat for economic problems the U.S. is not become a fashion?

Rep. David Wu of Oregon, said that he did not free to attack China. He said: "I think the criticism that China is wrong and should not be. I think we should re-examine our relationship with China, because if the American people spending too much, saving too little, difficult to maintain a stable relationship between the two countries. I think the American people should be more savings, less consumption, more investment, and the other Chinese people should spend more, so that we can balance the trade relationship. "

Many analysts also told us that the Chinese intransigence shown by election-year politics may be motivated.

Georgetown University, Mark. Professor Bush said: "It shows that they tell their domestic constituencies to tough on China, and now tough on China, or from a broader perspective, taking a tough line against free trade is a mass that can be acceptable political stance, whether Republican, independents or Democrats can accept. "

However, Professor George W. Bush warned that, from reflecting the trend of anti-free trade worth noting. He said: "Now the discussions on the RMB exchange rate is very active, because we want to conduct mid-term elections, many Americans about free trade, globalization and other issues concerned. In fact, there are a new trend is that most Americans doubt Free trade is not good for the U.S. economy. "

Back in front of us said the two Senate candidates in Pennsylvania against his rival for the Democratic candidate for the effectiveness of China's billionaires Francis Tucker had in the polls behind Republican candidate Toomey, recent polls show him support rate has increased. His campaign ads have played a role, see Nov. 2 election results.

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