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re: Deindustrialization - Have We Become a Poor Country?

Posted on 12/17/23 at 2:23 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424693 posts
Posted on 12/17/23 at 2:23 pm to
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.

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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.

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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.
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