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re: Capitalists & Politicians raped USA & left it unable to make medicine or defend itself.
Posted on 4/6/25 at 3:28 pm to InkStainedWretch
Posted on 4/6/25 at 3:28 pm to InkStainedWretch
quote:
This is the dirty little secret. They can ramp manufacturing up to the moon, they can build new plants on every street corner in the US and have them running at full capacity at warp speed, but those plants are going to be primarily automated and robotic because that’s what manufacturing is today, and the human beings who are employed will need some level of technical training, at least a 6-month certificate in some field, to get their feet in the door.
Right. We are already second in the world in mfg value behind China, but per capita we are higher.
We manufacture a lot of things here in this country, its not dead but we manufacture what is efficient and valued higher, and not trinkets.
Any new industrial wave will be extremely high tech and automated, its not going to be a mass job creator.
0
Posted on 4/6/25 at 5:07 pm to stuntman
quote:
Who has it been bad for? Legit asking.
Lower middle working classes.
I would posit it has increased urbanization at a greater rate as well. Leading to brain drain and job drain in rural areas.
There used to be a lawnmower manufacturing plant in my hometown. It’s in Mexico now. My cousins’ town had a large tool and die shop in Northern Missouri. It’s in Mexico. There was a large commercial exercise equipment plant in St. Charles 15 years ago. It’s in Mexico.
Posted on 4/6/25 at 5:16 pm to RogerTheShrubber
quote:
These are the two largest mfgs in the world. #3 Japan manufactures less than half our output. China, the most populated nation with more than 4x the population of the USA, has twice our output. Which means we produce more per capita. Youve been fed lie after lie. And you dont even care
Roger,
WE ARE NEARLY 37 frickING TRILLIONS DOLLARS IN DEBT. OBVIOUSLY SOMETHING HAS TO CHANGE. I WANT MY KIDS TO HAVE A CHANCE.
Posted on 4/6/25 at 5:18 pm to dnm3305
quote:
WE ARE NEARLY 37 frickING TRILLIONS DOLLARS IN DEBT
Trade deficits arent directly tied to the national debt like you believe.
Drop the retarded tariffs and start cutting budgets.
Posted on 4/6/25 at 5:40 pm to RiverCityTider
You are referring to big business and their lobbyists buying off political votes.
Posted on 4/6/25 at 6:03 pm to RogerTheShrubber
quote:
WE ARE NEARLY 37 frickING TRILLIONS DOLLARS IN DEBT
Trade deficits arent directly tied to the national debt like you believe.
Drop the retarded tariffs and start cutting budgets.
Mostly true, but here is an interesting fact.
Prior to the off shoring of a lot US industrial/manufacturing in the 1990's the US trade imbalance as a percentage of GDP was generally in a range of +1 to -1.25%.....since the mid 90's US trade imbalance as a percentage of GDP has risen from -1.25 to an average of -3% with 2005 being the worse at -5.67%.
So there seems to be some correlation to the rise in US debt to an increasing negative trade imbalance.
Here's a chart on US debt over the years.
Look how the rise in US debt in early 2000's coincides with the ascension of China as a global manufacturing/idustrial power. From the time China entered the WTO in December of 2001 the US trade imbalance has been averaging -3% of GDP while US debt has increased from $5 trillion to nearly $37 trillion.
Posted on 4/6/25 at 6:06 pm to Bass Tiger
quote:
So there seems to be some correlation to the rise in US debt to an increasing negative trade imbalance.
The correlation is money in the system and consumers spending more on imports
Amazon profits set records during Covid. I wonder why?
Posted on 4/6/25 at 6:08 pm to RogerTheShrubber
Hi Roger.
We have tariffs. You will still get your check and you will still be as ignorant as ever.
We have tariffs. You will still get your check and you will still be as ignorant as ever.
Posted on 4/6/25 at 6:08 pm to RiverCityTider
quote:
putting on the breaks.
quote:Why should anyone take anything you say seriously when you don't know the difference between "brakes" and "breaks" and "conscience" and "conscious"?
People's conscious begins at.birth
Illiterate gump.
Posted on 4/6/25 at 6:10 pm to RiverCityTider
Capitalists? Why didn’t you make the medicine? You big helpless pussy.
Posted on 4/6/25 at 6:13 pm to Ten Bears
quote:
How many steps away are some off yall from pulling the veil back and going full commie?
The OP was VERY close.
Posted on 4/6/25 at 8:14 pm to oklahogjr
quote:
What's the difference?
Capitalists want free trade with market outcomes determined by the strengths and weaknesses of the products and services being provided, with minimal government interference.
Corporatists want to use government power to artificially repress competition, create monopolies for themselves and receive favorable laws and tax schemas to enrich and empower themselves.
Posted on 4/6/25 at 9:04 pm to RiverCityTider
quote:
Crony Capitalists & Politicians raped USA, but we still have the greatest economic engine in the history of the world
Populism opposed to Capitalism has never led any where good in the end
Posted on 4/6/25 at 9:07 pm to Bass Tiger
quote:
Here's a chart on US debt over the years.
Politicians are delivering exactly what voters demand. It's easy to scapegoat them. But the reality is... we are the problem.
Posted on 4/6/25 at 9:08 pm to Taxing Authority
True true
Posted on 4/6/25 at 9:09 pm to Taxing Authority
quote:
Here's a chart on US debt over the years.
A classic example of how governments, by their nature, have pretty much zero foresight and even worse, pretty much zero ability/willingness to deal with changes in prior assumptions.
You can trace virtually all of our budgetary problems to the simple fact that our government acted like the baby boom would last forever and most certainly had no plan whatsoever for if a baby bust happened.
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