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re: Deindustrialization - Have We Become a Poor Country?

Posted on 12/16/23 at 11:10 pm to
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8018 posts
Posted on 12/16/23 at 11:10 pm to
quote:

I thought he was full of crap at first, but he is onto something talking about what he perceives as "real" economies, not fake GDP numbers.


Because it's voodoo that is a dressed up version of "If I don't like the numbers, then change the story".

We are an industrial power on a scale that these Russia simps can't really understand. Our aerospace industry alone is almost as big as the entire Russian economy; as I said above, our manufacturing capacity is damn near approaching double that of Russia's entire economic output across all sectors. We could convert a bunch of rural plants in Michigan and Alabama to manufacture D-20s at a rate that would dwarf Russia's, but we haven't prioritized it. Ukraine is probably 10th to 15th on the list of national priorities in precedence and funding, and they are still at a stalemate with a Russia that is getting on near war-footing approaching 8 - 10% of GDP spending on defense, almost all of which will go to Ukraine.

What does that say about that shithole?
This post was edited on 12/16/23 at 11:13 pm
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423185 posts
Posted on 12/17/23 at 8:04 am to
quote:

Goddamn, you are one stupid motherfricker. How is your prediction that the Israelis might lose the war in Gaza coming along? They are cutting through them like hot butter like anyone even semi-informed knew would happen, but it doesn't seem to prevent you from making idiotic predictions and observations again and again.

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. It is plainly observable that they do not and are not in the same universe. They're closer to Mexico in manufacturing output capacity than they are to the U.S. (or, for that matter, Japan or Germany).

The U.S. produces more now in real dollar terms and in tonnage than it has in its entire history. The U.S. in 2023 is in the conversation for the greatest manufacturing power in the history of the world and has really only been surpassed by China in terms of raw output because they produce an enormous amount of state-subsidized low-value add goods.

If there are shortages in a few specific areas, it's largely because the U.S. hasn't prioritized manufacturing shells or R&M parts for pieces, not because they can't.


quote:

On the other hand, they’ve started to prioritize and reward large families the way Hungary has.



And their replacement rate is still among the lowest in the world.



Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261249 posts
Posted on 12/17/23 at 8:11 am to
quote:


And their replacement rate is still among the lowest in the world.


One of the last things I care about anymore.

Our rate sucks so badly we have to import millions of uneducated, unskilled poor people to prop it up.

I am completely on board for draw down economy.
Posted by RCDfan1950
United States
Member since Feb 2007
34984 posts
Posted on 12/17/23 at 8:19 am to
quote:

Russia has bet it all on conquering a neighbor. This just might be a higher priority for them.



Manufacturing military hardware is one thing and manufacturing wheat is another. Both are essential for Nation which strives to maintain its cultural and racial heritage. Russian does...those who now run the USA don't and that is why they despise Russia/Putin.
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 12/17/23 at 8:19 am to
quote:

we were de-industrializing in a global economy where it was easier to remove your manufacturing from the leftwing crazies that want everyone living in the dirt and eating bugs.

lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.
Posted by BBONDS25
Member since Mar 2008
48521 posts
Posted on 12/17/23 at 8:21 am to
quote:

lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.


oh my.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423185 posts
Posted on 12/17/23 at 8:24 am to
quote:

Both are essential for Nation which strives to maintain its cultural and racial heritage. Russian does...those who now run the USA don't and that is why they despise Russia/Putin.

Posted by RCDfan1950
United States
Member since Feb 2007
34984 posts
Posted on 12/17/23 at 8:24 am to
quote:

lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.



Given the principle of true 'Free Trade' and competition, if a Chinese worker is willing to work hard for $5 an hour, and a unionized US worker demands $80, what is the answer?
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423185 posts
Posted on 12/17/23 at 8:26 am to
quote:

if a Chinese worker is willing to work hard for $5 an hour, and a unionized US worker demands $80, what is the answer?

Pay less and use the delta to create a better economy, which is exactly what the US has done (and has fricked China).

I will never understand this obsession with demanding redistributive government policies to devolve our economy to the point where lower-level manufacturing is viable here. There is not a magical economic reality where the US is subsidizing workers who are worth $5/hour AND we produce all the high end goods/tech that make us the best and most advanced economy in the world.
Posted by RCDfan1950
United States
Member since Feb 2007
34984 posts
Posted on 12/17/23 at 8:45 am to
I don't understand your point, SF. There are menial and repetitive aspects of manufacturing wherein humans must do the work; albeit AI/Robotics of the near future will change that dynamic.

I took a photo trip into the Delta back when the cotton was being harvested and talked to a farmer. His major problem was that he could not find/keep workers. He needed 5 workers to run the cotton harvest machinery/process. He had the option to buy a $750,000 machine that would shrink the workforce, but a drought could then put him in the street. So he planted soybeans instead of cotton.

The larger problem is what happens re the workers/nonworkers who need the basics of life, but as an extension of the US System of personal freedom (*Welfare* back when) chose not work and claim Systematic subsistence.

What % of those new immigrants will be jumping into the worker market or claiming the 'Welfare' option? That is the real issue, and the 'let them eat cake' scenario won't cut it in todays MSM/Social Media world.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261249 posts
Posted on 12/17/23 at 9:00 am to
quote:

if a Chinese worker is willing to work hard for $5 an hour, and a unionized US worker demands $80, what is the answer?

Pay less and use the delta to create a better economy, which is exactly what the US has done (and has fricked China).


they dont get it. I dont understand why they dont. Its literally one of the main topics of macroeconomics.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261249 posts
Posted on 12/17/23 at 9:05 am to
quote:

lol what? US deindustrialization was 100% the result of a race to the bottom to find the cheapest possible means to produce goods in the name of corporate profits.


A simpletons understanding.

We manufacture what is efficient, we profit off things we can buy from others. Everyone benefits, particularly the poor who can afford things they never would have been able to afford.

Trade creates wealth, I understand why populists dont understand that, but it would benefit you to learn. Trade benefits the poor in great ways, youre working against your own interests.
Posted by RCDfan1950
United States
Member since Feb 2007
34984 posts
Posted on 12/17/23 at 9:07 am to
quote:

they dont get it. I dont understand why they dont. Its literally one of the main topics of macroeconomics.



Ignorance and self-delusion is not limited to economic theory, RS; it forms the false basis for all (ir)rational thought. Feeling over rational thought has now become the Progressive Ethos.

"Behold, I will send them great delusion, that they will believe a lie".

Love and peace to you and yours in the Holiday spirit.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261249 posts
Posted on 12/17/23 at 9:08 am to
quote:

it forms the false basis for all (ir)rational thought.


I get it.

But in this case it is absolutely correct. Cheap foreign goods have lifted our poor more than government has.

It comes down to your trust in the bureaucracy, or in yourself.
This post was edited on 12/17/23 at 9:09 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423185 posts
Posted on 12/17/23 at 9:48 am to
quote:

they dont get it. I dont understand why they dont. I

2 things.

1. A politician they like said it and they associate with people who repeat it over and over again.

This one is 100% non-supposition and supported by all the evidence without question.

2. They are having an emotional reaction to watching white people (primarily males) suffer economically in the area they perceive as halcyon USA (The Rust Belt/Midwest). They're looking to systemic explanations and solutions to the individual problem of people failing to make good choices. It's much easier to talk about personal responsibility and good choices when it's an inner city black male.

This one is more supposition, but I think the evidence does support i
This post was edited on 12/17/23 at 9:49 am
Posted by Elblancodiablo
Member since Sep 2023
1829 posts
Posted on 12/17/23 at 10:04 am to
Yes. We sold our industrial soul to china in pursuit of the quick buck. We are now paying the price for that misjudgement.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423185 posts
Posted on 12/17/23 at 10:10 am to
quote:

We sold our industrial soul to china

Do you think that we don't manufacture things in the US?

quote:

We are now paying the price for that misjudgement.

What price, specifically?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261249 posts
Posted on 12/17/23 at 10:20 am to
quote:

Yes. We sold our industrial soul to china


Wrong.

China subsidized American consumers.
Posted by Elblancodiablo
Member since Sep 2023
1829 posts
Posted on 12/17/23 at 10:36 am to
quote:

Do you think that we don't manufacture things in the US?

Not near as much as we should

quote:

What price, specifically?

A much lower quality of life than what we could've had
Posted by Elblancodiablo
Member since Sep 2023
1829 posts
Posted on 12/17/23 at 10:37 am to
quote:

Wrong.

China subsidized American consumers.


How do you figure?
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