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Those jobs are never coming back, though. For example, when China basically sucked up all the textile jobs in the 80s-90s from the South (states like North Caro
by norea-armozel 10y ago
Those jobs are never coming back, though. For example, when China basically sucked up all the textile jobs in the 80s-90s from the South (states like North Carolina) they were able to do so with very cheap wages. Now? China is competing with Vietnam for those same jobs and their solution is to automate as much as possible. Oddly enough, some of those textile jobs remain and only because we've been ahead of the curve with automation. A textile plant today in the US has very few actual employees. And they're not paid much more than their predecessors since the cost of living in their area is very low. So, Trump either has to get a time machine or figure out a way to pay these people who have been permanently displaced in their jobs. Trump won't do what's needed which is the one thing that will ultimately set the country on the right course: abandon capitalism. And by the way, nor would Clinton do what I'm suggesting here since she knows who butters her bread.
- MR4D 10y agoI'm not sure that you can accurately say that those jobs are never coming back. For instance, what happens if Congress passes a law that requires any goods imported into the US to be made under conditions equal to those here? For instance, you have to have environmentally friendly factories, OSHA-approved lighting and safety, etc. etc. If that happened, many people would put some of the production here to speed time to market, reduce shipping costs, and eliminate currency fluctuations. So never say never.
- tonyedgecombe 10y agoSo you bring the machines back but that won't create the levels of unskilled employment from the past, manufacturers employee a fraction of the people they used to.
- toomuchtodo 10y agoIf the revenue is local, you can tax it and provide a social safety net. Works using tariffs as well, but better to have the industry on your own soil.
- tonyedgecombe 10y agoAmerica is the 11th richest nation in the world (per-capita), if they wanted to find the money they could do it right now. I'm not saying America doesn't have a balance of trade problem, I just think people put too much faith in a resolution to that. This https://www.youtube.com/watch?v=pa5_tudyAF8 https://www.youtube.com/watch?v=pa5_tudyAF8 is what modern manufacturing looks like, note there aren't many people working there.
- norea-armozel 10y agoBut the way the Republicans since the Tea Party take over in 2010 there's no push to raise taxes higher at the local level. In fact, the opposite is the case where many of them want to remove as many taxes locally as possible. This conflict of interest with the false assertion of their conservative localism is the heart of the issue I have with them (I would consider myself a liberal localist). If there ideology was consistent the absence of federal taxes but extensive local taxes would offset their proposals. This would allow them to pay for a social safety net that wouldn't falter. But right now they're refusing to do that. Maybe after they're challenged in the 2018 mid-terms maybe they'll go that direction but I seriously doubt it'll happen that way. I expect more corporate subsidies via tax exemptions/shelters/etc at the cost of general welfare of the states.
- AKrumbach 10y ago> Trump won't do what's needed which is the one thing that will ultimately set the country on the right course: abandon capitalism. If we abandon capitalism, what alternative do you believe we should adopt instead?