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re: Deindustrialization - Have We Become a Poor Country?
Posted on 12/17/23 at 9:00 am to SlowFlowPro
Posted on 12/17/23 at 9:00 am to SlowFlowPro
quote:
if a Chinese worker is willing to work hard for $5 an hour, and a unionized US worker demands $80, what is the answer?
Pay less and use the delta to create a better economy, which is exactly what the US has done (and has fricked China).
they dont get it. I dont understand why they dont. Its literally one of the main topics of macroeconomics.
Posted on 12/17/23 at 9:07 am to RogerTheShrubber
quote:
they dont get it. I dont understand why they dont. Its literally one of the main topics of macroeconomics.
Ignorance and self-delusion is not limited to economic theory, RS; it forms the false basis for all (ir)rational thought. Feeling over rational thought has now become the Progressive Ethos.
"Behold, I will send them great delusion, that they will believe a lie".
Love and peace to you and yours in the Holiday spirit.
Posted on 12/17/23 at 9:48 am to RogerTheShrubber
quote:
they dont get it. I dont understand why they dont. I
2 things.
1. A politician they like said it and they associate with people who repeat it over and over again.
This one is 100% non-supposition and supported by all the evidence without question.
2. They are having an emotional reaction to watching white people (primarily males) suffer economically in the area they perceive as halcyon USA (The Rust Belt/Midwest). They're looking to systemic explanations and solutions to the individual problem of people failing to make good choices. It's much easier to talk about personal responsibility and good choices when it's an inner city black male.
This one is more supposition, but I think the evidence does support i
This post was edited on 12/17/23 at 9:49 am
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