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re: Deindustrialization - Have We Become a Poor Country?
Posted on 12/10/23 at 7:07 am to Lima Whiskey
Posted on 12/10/23 at 7:07 am to Lima Whiskey
quote:
we've struggled to produce shells.....Russia has been able to..... disconnect here
The disconnect is looking at budgets. Looking at them in terms of USD. What's the USD value of 1 American shell? Russian? If we value our shells much more, it can look as if we are producing more, yet really aren't.
It's all over with looking at GDP, instead of actual production of goods.
Best example healthcare. I get MRI here, it's say $1000. I get same MRI, same instrument, software, etc in Columbia it's $100. It's the same production of service. Yet, looks like America was 10x.
Sorry for jumbled, confusing response, dealing with screaming toddler.
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