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re: Do y'all realize how absolutely FRICKED China is when the dust settles from all this?
Posted on 3/22/20 at 5:37 pm to bamarep
Posted on 3/22/20 at 5:37 pm to bamarep
quote:
Essential supply production will be brought back stateside.
You can take that to the bank.
Unless mandated to do so - which they won’t be - companies aren’t going to pass up the profit that comes along with cheap labor and no regulations. The incentive just isn’t there for them to move back to the US even if it would be the smartest move for the country as a whole. Companies are only worried about their financial statements and quarter to quarter, they don’t care about the long term impact it has on society.
Posted on 3/22/20 at 6:08 pm to DavidTheGnome
quote:
Unless mandated to do so - which they won’t be - companies aren’t going to pass up the profit that comes along with cheap labor and no regulations. The incentive just isn’t there for them to move back to the US even if it would be the smartest move for the country as a whole. Companies are only worried about their financial statements and quarter to quarter, they don’t care about the long term impact it has on society.
Finally! A response without so much emotional posturing in it.
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