The National Association of Manufacturers (NAM) is fighting amongst itself. The little manufacturers are pitting themselves against the large multinationals in the group.
The impetus for the fight is China.
The little fellows say that are losing too much to China while the big fellows, Caterpillar, General Electric, Cargill and others benefit from cheap Chinese labors and exports.
NAM has some 12,000 members of which 74% are small or midsize companies. This 74%, by the way, pays less than 1/4th of NAM's dues....but still wants to make the big decisions. Something is wrong with that picture.
At heart is the desire of the 9,000 small to medium size guys to impose trade sanctions against CHINA and other countries that manipulate their currency.
The small to mid-size companies say they cannot compete with China. Therein lies the rub. And the answer is simple.
Do what it takes to compete. Make products of better quality and more cheaply than the chinese and any company can beat them. Not easy, maybe...but doable, no doubt.
Instead, American companies are trying to legislate their way to victory over China.
One NAM official said, "There is no law we can pass here that can fix China's currency if the Chinese government doesn't want to fix it."
Get back to work America.
What do you think?
go to 老毕看中国
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