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> would love to learn of any other ways but this has been discussed by people way smarter than me for ages and I have seen no other solutions that wouldn't sink
by scottlocklin 7y ago
> would love to learn of any other ways but this has been discussed by people way smarter than me for ages and I have seen no other solutions that wouldn't sink the US economy or cause a revolution.
Yeah, here's one: protectionist tariffs. I once looked into what it would cost to make a pair of pants in the US instead of China. The difference isn't that large; something like an extra dollar goes to shareholders instead of workers. You can see it in the actual list prices of jeans made in China[1] versus USA[2]. They're .... about the same. This same calculation is done in lots of different places: MBA types want that extra dollar to go to shareholders. Well, if they're not allowed to do so, everything works just fine.
[1]https://www.levi.com/US/en_US/sale/c/levi_clothing_sale_us https://www.levi.com/US/en_US/sale/c/levi_clothing_sale_us
[2] https://www.allamericanclothing.com/made-in-usa/jeans.html https://www.allamericanclothing.com/made-in-usa/jeans.html