And the situation still remains fluid. Weighing in on the legislation, the Senate Finance Committee voted 18 to 1 to approve the controversial trade legislation officially normalizing economic ties with communist China. Already hopelessly dependent on China's cheap labor, it's only natural for the U.S. to formalize its extensive business relationship with Beijing. Today's China Trade Bill consummates the inevitable. From salad bowls to disk drives, China rescued American and European business from runaway labor costs.
Most businesses are more concerned about profit margins than human rights.
Sacrificing some American jobs is a small price to pay to assure Wall Street favorable earnings. Even Rip Van Winkle knows how many low-end manufacturing jobs have been lost over the last 20 years. Pandering to unions doesn't erase the undeniable reality that cheap foreign labor saved the rear-ends of otherwise unprofitable businesses. Since the bloody crackdown at Tian'an Men Square, Congress paid lip service to China's ubiquitous human rights abuses. When Deng Xiaoping told foreigners to butt out of China's business, he reminded a watching world that the planet's most populous country operates under a different set of rules.