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re: Deindustrialization - Have We Become a Poor Country?
Posted on 12/17/23 at 10:53 am to Elblancodiablo
Posted on 12/17/23 at 10:53 am to Elblancodiablo
quote:
Not near as much as we should
We're #2 only behind a country with like 3.5x our population.
Also, most importantly, we rank highly in the cost/value of goods we manufacture. Nobody has our scale of manufacturing and value output. China produces more low-value, low-margin crap due to its insane population. A couple countries (like Germany) produce more valuable goods, but at far lower rates. When you consider both total output and per capita value of manufactured good, NOBODY is close to the US.
quote:
A much lower quality of life than what we could've had
Uh...what? You have this, literally, backwards.
Posted on 12/17/23 at 11:18 am to SlowFlowPro
quote:
Uh...what? You have this, literally, backwards.
Do you really think we enjoy the same quality of life as americans did in the 50's?
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