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Role Reversal: Calif. High Speed Rail Plan May Use Chinese Tech and U.S. Labor

Discussion in 'Politics, Religion and Ethics' started by Micawber, Jun 26, 2011.

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  1. Micawber
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    Micawber Renowned Lifetime Member

    Nearly 150 years ago America built the first transcontinental railroad with American technology and capital, but imported labor. Some 10,000 Chinese workers used pickaxes and dynamite to cut tunnels and lay rail-lines, sometimes below feet of snow where locals wouldn’t work. Now, President Obama is promoting a new generation of rail and the Chinese are again involved. This time, though, they don’t just want to swing an axe. They want to design and part-fund America’s first generation of high-speed rail based on their own existing technology. Americans would provide the labor.

    Source:-
    http://transportationnation.org/201...-rail-plan-may-use-chinese-tech-and-u-s-labor
  2. Micawber
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    Micawber Renowned Lifetime Member

    I posted this only because I thought it demonstrated an interesting role-reversal.
    A sign of the times.
    Signpost to the future.
    Perfidious economics
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