Friday, October 20, 2006

Communist China politicans care more about youth employment than American politcans running in fall elections

The US Congress has slashed hundreds of millions of dollars in funding for youth employment as their joblessness surges from 4.2 million in 2000 to over 7 million. The nation is crying about the increase in street gangs. But full employment or manpower development is no longer a political issue for debate.

As the US election campaigns enter their final phase, the disconnection between political reality and fantasies about American youth appears to be the greatest in modern history. China is massing a trillion dollar surplus and few American politicians are asking were the massive surplus came from or who backs it comes off, i.e. American workers and their children.

Most missing from the fall American political campaigns is any meaningful debate the relationship of Chinese slave and the Great Depression levels of US youth employment.

Between 6-7 million American workers 16-24 years of age are officially either out of school and or the workforce. In some local markets, Black youth unemployment is almost 80 percent. The increase in American youth unemployment is two percent greater than the official increase in Chinese exports to the US home market. Almost 500,000 American youth are being forced out of the labor market each year for lack of employment oppoutnites, 71 percent of these are from inner city industrial families or Black youth.

China at the same time is creating jobs for 20 million young workers every year. According to the Financial Times of London, there is growing political concern in Communist China that rate of expansion of job creation may slow as state controlled industries are forced to downsize. Historically Chinese employment expands at a rate 1-2 per cent every year or 40 million jobs.

North Korea is conducting nuclear test with nothing but political hot air in response. More time is invested in the North Korean nulcear debate, than the need for American youth manpower funding.

The central political problem in the Northern Asia is not North Korea or China nuclear wespons. The political problem is the rouge US multinationals operating industrial slave labor plantations. These multinational corporations account for 80 per cent of all exports and control the two trillion-dollar Chinese export economies and control hundred of millions of jobs in Asia and North America.

This emerging 50 cents an hour slave labor economy is retarding the growth and development of national economy of China and trade relations with other industrial economies.Exports from these slave lobar plantations are creating 1930’s Great Depression levels of unemployment is North America, South America, Western Europe and parts of the Japanese economy.

The political shock waves from the North Korea nuclear test are being felt around the world. As the New York Times and other leading newspapers play to their nuclear fears of their readers that Bush is doing nothing about, concern Americans must set the terms of the real political debate about the crisis in Northeastern Asia and the future of young American workers during this election season.

US multinationals operating from industrial slave labor platform in China are dumping a record amount of reexports from China on the American and Japanese markets killing employment opportunities for US young workers and their families. The US Chinese lobby is pushing for another round of Chinese and North Korean appeasements to hide the negative impact of this dumping.

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