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re: Deindustrialization - Have We Become a Poor Country?
Posted on 12/17/23 at 11:05 am to Elblancodiablo
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.
2
Posted on 12/17/23 at 11:06 am to RogerTheShrubber
quote:
What y'all are arguing for are less free markets, and more government choosing of winners/losers.
Yes. The money used to artificially increase the wages of these shite jobs comes from the pockets form producers.
Literal Marxist redistribution. A great example of, "From each according to his ability, to each according to his needs" in practice.
This post was edited on 12/17/23 at 11:07 am
Posted on 12/17/23 at 11:20 am to RogerTheShrubber
quote:
What y'all are arguing for are less free markets, and more government choosing of winners/losers.
At some level it’s just a national security imperative, whatever the cost is, we can’t afford to have a supply chain that starts in China. And we can’t outsource whole swaths of industry and become completely reliant on a foreign competitor for a whole range of consumer goods. Some of these may may be American branded goods, made in places like China, but Chinese producers, to pick one country, will eventually just replace those brands with their own.
Free trade was never free trade though. These agreements were long and complicated, and in the case of China, the Chinese government heavily supported the development of their industries. It wasn’t a fair competition.
And on the other side, the American politicians who pushed these trade deals were often compromised by foreign money.
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