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re: Deindustrialization - Have We Become a Poor Country?
Posted on 12/17/23 at 8:19 am to tiggerthetooth
Posted on 12/17/23 at 8:19 am to tiggerthetooth
quote:
we were de-industrializing in a global economy where it was easier to remove your manufacturing from the leftwing crazies that want everyone living in the dirt and eating bugs.
lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.
Posted on 12/17/23 at 8:21 am to Damone
quote:
lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.
oh my.
Posted on 12/17/23 at 8:24 am to Damone
quote:
lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.
Given the principle of true 'Free Trade' and competition, if a Chinese worker is willing to work hard for $5 an hour, and a unionized US worker demands $80, what is the answer?
Posted on 12/17/23 at 9:05 am to Damone
quote:
lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.
A simpletons understanding.
We manufacture what is efficient, we profit off things we can buy from others. Everyone benefits, particularly the poor who can afford things they never would have been able to afford.
Trade creates wealth, I understand why populists dont understand that, but it would benefit you to learn. Trade benefits the poor in great ways, youre working against your own interests.
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