Right, and that's completely brain-dead. We should be wanting to attract more talent, because more people able to take high-end jobs usually ends up creating more high-end jobs. We want more immigrant engineers, doctors, etc, because that encourages greater investment since the labor pool is deeper.

But no, we'll instead block cheap imports and encourage more blue-collar work, and if we take that too far, we'll end up in a similar situation as we did back in the Great Depression when demand just evaporates.

We should let developing countries develop and focus on what developed countries are better at: innovation. Attract top talent and keep investment dollars flowing so the R&D jobs stay.

Meanwhile, instead of trying to compete they cripple all EV advancement to make a quick buck on fossil fuel.

China has compulsory education for children just like America. There's no child labor in China.

They pay adult workers less in China, but these yuan has 7x buying power than the dollar in China

No the rest of the world has been sleeping when China silently bought all the mines and harbors in the past decades.

Very few children work in china right now, Chinese workers even have 5 days of vacation a year by law.

That's 5 more than the US....

There were probably more children working on farms in the US than in china, and I remember something about Florida wanting to reinstate child labour again?

I'd think enrollment rates would be a severe lagging indicator of education quality. Institutions could likely coast on reputation for quite some time after education quality tanks. Inertia is powerful, and some could even knowingly decide to go to poor educational institutions just for the status it still gives among peers and in their community.

That said, I have no first hand experience with US higher education, and wouldn't know what the quality really is, just saying that enrollment rates probably aren't a great indicator of it.

Lmao, Chinese shills are actual news now? Fucking low as it gets.

Uh, to be clear, I don't think Michael Dunne is advocating against China in this context. He worked in the Chinese auto sector for decades. He isn't an alarmist, he's their salesman.

Free markets were always a terrible idea, the USA economic system was basically founded on principles of regulation of goods like tea, tobacco, and alcohol.

Michael Dunne has been competing the entire time, for the Chinese. His statements here aren't fear, they're shillery.

Former big corporation*

Who also worked primarily in Chinese Automotive industry*

If our CEOs and business leaders are supposedly the world's best, why didn't they spent their capital shutting China down instead of their lavish lifestyles and payouts for their wealthy stockholders? I guess they aren't as good at running businesses as they claim to be.

Michael Dunne is actually someone who worked in Chinese Automotive manufacturing. He's the Chinese car manufacturer saying "Chinese cars are good and cheap."

His word is basically meaningless.

Thats crazy. Are those public numbers from rivian?

Not enough Americans will buy small euro cars. Do you seriously think they wouldn't just do that if they could justify the cost of switching off a f150 assembly line to make a small car they would. Ford and Chevy both had a ton of small cars throughout the years but the sales aren't there anymore.

Have you seen those byd cars on YouTube. Their mid price cars look like high end Mercedes over here. Meanwhile Ford and Chevy will sell you a $75000 pickup with all plastic interior.

None of the legacy companies are competing. Ever. The best we can hope for is rivian and other new players filling the gap.

I hate that the US is like this. People would EASILY pay more for American if the quality was there. But ffs they don’t even try anymore. They just make slop and expect us to pay more for it.

Must be a pricing issue.

What Ford European line? They discontinued the Mondeo and their minivans. Now it's hatch or crappy SUV. Or Mustang. Oh wait. Focus is end of life too now. It's mustang or crappy crossover SUVs only.

I've test driven a few BYD models here in Australia. 50 thousand dollarydoos for an electric car that goes 400+km, can power your house in a blackout, has all the normal electric car performance (6 seconds to 100kmhr) and is chock full of user comforts and safety features.

There are a LOT of these getting around in Brisbane, and for good reason. I didn't get one this time round, but by the time the lease expires on my Volvo EX30 in 4 years, I'll be looking pretty hard at BYD. Especially if they get their new solid state batteries going by then.