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re: Deindustrialization - Have We Become a Poor Country?
Posted on 12/17/23 at 12:55 pm to AbuTheMonkey
Posted on 12/17/23 at 12:55 pm to AbuTheMonkey
quote:
American manufacturing output is, quite literally, 1 1/2 times that of the entire Russian economy altogether and almost 10 times that of Russian manufacturing output. You quite literally could not be more wrong that they produce more shite.
You’re looking at dollar values and that’s misleading you. American industrial output is is very limited. The reason the dollar value is so high, is because much of the get we’re selling are nuclear reactors, or aircraft, civilian or military, which are incredibly expensive. This inflates the overall value while obscuring a very real material weakness, and it’s why Ukraine is losing, we have a massive GDP, but it’s largely rooted in our service economy, and it doesn’t translate directly into military or industrial production. The Russians can crank out 3 million rounds of 152mm a year. We can produce around 336,000 a year of 155mm currently. And this after almost two years of fighting in Ukraine. And our GDP is 12x times higher than theirs. This deficiency mirrored down the line, if it’s a military good, odds are the Russians have a much larger manufacturing base for it, and can produce it in much greater numbers than we can, with whatever our equivalent is. Russia is an almost self sufficient economy, there’s little they need to import, and that again is a strength. As Raytheon noted, we would have trouble going to war against China, because the basic components in their missiles are manufactured in China.
This post was edited on 12/17/23 at 12:57 pm
Posted on 12/17/23 at 2:23 pm to Lima Whiskey
quote:
. American industrial output is is very limited.
Incorrect.
quote:
The reason the dollar value is so high, is because much of the get we’re selling are nuclear reactors, or aircraft, civilian or military, which are incredibly expensive.
Somewhat correct. The per capita value on our manufactured goods is high.
That's a good thing.
You want us to devolve and lower our economic status/output and standard of living to produce less valuable goods. You do see the problems with that strategy, right? Why do you think it's a good strategy to make us poorer?
quote:
and it’s why Ukraine is losing,
If we were allowed to engage fully, manufacturing output would be irrelevant, because we'd win (rather quickly) with that high value output.
quote:
The Russians can crank out 3 million rounds of 152mm a year. We can produce around 336,000 a year of 155mm currently.
Because we invest in, produce, and rely on other military technology instead. Why would we fight a war like Russia is doing? To stalemate against a poor country?
quote:
if it’s a military good, odds are the Russians have a much larger manufacturing base for it,
Except for advanced things like air and navy, which are our primary military technologies.
quote:
Russia is an almost self sufficient economy, there’s little they need to import, and that again is a strength.
If being a shitty economy with a bad stanard of living is a strength, sure.
quote:
As Raytheon noted, we would have trouble going to war against China, because the basic components in their missiles are manufactured in China.
And China would have problem paying anyone or having any sort of economy whatsoever, if this happened. Trade is a 2-way street.
Why would China ever go to war with us? They literally can't survive without our market buying their goods. We would have our life disrupted, sure, but we can get manufacturing set up in time in many other places. There isn't an economy on earth that can replace the US.
Posted on 12/17/23 at 2:25 pm to Lima Whiskey
quote:
This inflates the overall value while obscuring a very real material weakness
What? It isn't inflating any value. It is what the market pays.
quote:
it’s largely rooted in our service economy, and it doesn’t translate directly into military or industrial production
My god. Your notion of economics is based on 'resource = product.' It explains your idiotic notions of autarky and your inability to understand sovereign debt.
quote:
The Russians can crank out 3 million rounds of 152mm a year. We can produce around 336,000 a year of 155mm currently. And this after almost two years of fighting in Ukraine. And our GDP is 12x times higher than theirs.
You realize he already addressed this in his post. If the US oriented its economy to beating Russia, it could do so easily.
quote:
This deficiency mirrored down the line, if it’s a military good, odds are the Russians have a much larger manufacturing base for it, and can produce it in much greater numbers than we can, with whatever our equivalent is.
And this has translated to them becoming bogged down in a former sphere of influence, unable to dominate in the air, only taking defensive positions. It's literally 'numbers big = good' logic that the Russians themselves favor.
quote:
Russia is an almost self sufficient economy
You keep saying this and it doesn't become closer to being true despite how much you repeat it.
quote:
there’s little they need to import, and that again is a strength
Amazing.
quote:
As Raytheon noted, we would have trouble going to war against China, because the basic components in their missiles are manufactured in China.
But we can build the infrastructure relatively quickly to have the basic components constructed in several areas. Things can change quickly.
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