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re: Is Reaganomics and free trade officially dead?

Posted on 5/21/24 at 10:46 am to
Posted by Decisions
Member since Mar 2015
1492 posts
Posted on 5/21/24 at 10:46 am to
quote:

quote: Free Trade has resulted in redistribution of wealth and the relocation of jobs abroad. While creating much better jobs domestically that pay incredibly. Don't forget that.


Those jobs weren’t created because we shipped off the industry. They were created because of new technologies being discovered and developed. You can have both types of jobs. They’re not mutually exclusive. They have extremely little overlap in labor pool usage.

quote:

What is the point of a tariff if not to raise prices?


The point is to maintain the industry and middle class jobs that provided superior pay to these trash service sector and paper pushing jobs. The majority of the workers who were in these jobs aren’t capable of transitioning into high-end design and fabrication, nor is there enough demand in those sectors to soak them all up.

You can’t run a country and economy of this scale on boutique goods production, coding, and finance while having the other 200+ million as baristas and welfare leeches. It’s like a grown man trying to live off of caviar and snickers bars. You need a large portion of your economy to be the meat and potato jobs (ie industry).
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425498 posts
Posted on 5/21/24 at 11:04 am to
quote:

Those jobs weren’t created because we shipped off the industry. They were created because of new technologies being discovered and developed.

Funded by the savings created by an efficient economy (aka, shipping the cheap jobs offshore).

quote:

You can have both types of jobs. They’re not mutually exclusive.

There is only so much money in our economy, and it can only reasonably increase slightly year over year. There is a finite amount of money to spend/invest domestically.

quote:

They have extremely little overlap in labor pool usage.


If we inefficiently divert our resources to "saving" these jobs, then the delta of that inefficiency can no longer circulate in more efficient endeavors.

quote:

The point is to maintain the industry

How?

quote:

The majority of the workers who were in these jobs aren’t capable of transitioning into high-end design and fabrication,

They need to make better life choices.

quote:

You can’t run a country and economy of this scale on boutique goods production, coding, and finance while having the other 200+ million as baristas and welfare leeches.

Pure histrionics. 200M? You've shown you have no desire to discuss this honestly.
Posted by BCreed1
Alabama
Member since Jan 2024
1564 posts
Posted on 5/21/24 at 12:51 pm to
quote:

Those jobs weren’t created because we shipped off the industry. They were created because of new technologies being discovered and developed. You can have both types of jobs. They’re not mutually exclusive. They have extremely little overlap in labor pool usage.


Exactly.


quote:

The point is to maintain the industry and middle class jobs that provided superior pay to these trash service sector and paper pushing jobs. The majority of the workers who were in these jobs aren’t capable of transitioning into high-end design and fabrication, nor is there enough demand in those sectors to soak them all up.

You can’t run a country and economy of this scale on boutique goods production, coding, and finance while having the other 200+ million as baristas and welfare leeches. It’s like a grown man trying to live off of caviar and snickers bars. You need a large portion of your economy to be the meat and potato jobs (ie industry).


Listen to this man. He understands!
Posted by Jjdoc
Cali
Member since Mar 2016
53533 posts
Posted on 5/21/24 at 4:17 pm to
He's never going to grasp it. He is married to an old belief that it's either or
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