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re: Deindustrialization - Have We Become a Poor Country?
Posted on 12/17/23 at 10:57 am to RogerTheShrubber
Posted on 12/17/23 at 10:57 am to RogerTheShrubber
quote:
Nothing has helped American poor more than cheap imports
In the short term, maybe. Long term it destroyed our industrial base, suppressed wages, and destroyed quality of life for future generations of americans.
You really should stop listening to IB on these issues.
2
Posted on 12/17/23 at 11:03 am to Elblancodiablo
quote:
Long term it destroyed our industrial base
False. Like, incredibly and laughably false.
quote:
suppressed wages
Again, false.
High wages moved to more valuable outputs.
quote:
nd destroyed quality of life for future generations of americans
Emotional...and false.
Posted on 12/17/23 at 11:05 am to Elblancodiablo
quote:
In the short term, maybe.
Wrong, since the 60s and 70s, this has been continuous.
Its a constant theme on these boards, our poor do better than many middle class in other nations.
To bring back that kind of mfg would require heavy government regulation as its not going to be profitable in the USA.
What y'all are arguing for are less free markets, and more government choosing of winners/losers.
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