Many people complain about exporting U.S. jobs to China, but still buy goods stamped "Made in China."
If you browse through retail stores, the majority of goods are made in China. Americans buy these products because they are cheaper, but without consideration for the inhumane working conditions for Chinese labor and the exportation of American jobs.
While the cost savings for Chinese goods reduces consumer prices, the majority of the savings go to corporate America's coffers. Chinese workers sometimes labor 10 hours a day for six days a week. There are no unions preventing abuse, labor is not provided with benefits or insurance, workers are paid poverty wages, and dissent is not tolerated.
Nike hires 350,000 Asians and fired 65,000 U.S. workers, and Apple employs 20,000 Americans and 700,000 Chinese.
In 2006, students at the University of Oregon boycotted Nike, saying that it exploited Chinese labor for profits. Phil Knight, Nike's founder and CEO, who donated hundreds of millions of dollars for sports facilities, retaliated against the university and closed his checkbook. Knight, an Oregon graduate, is the go-to guy for money. When the protests ceased, Knight renewed his philanthropy to the university.
American consumers have a choice, known as "dollar vote," reflecting their views by not buying stock in these companies or their products as long as they export jobs and exploit Chinese labor. Returning jobs to America would have a profound impact on unemployment, debt reduction and the economy. Higher consumer prices are a small price to pay.
Hilton Head Island