3 ms·
Great analysis, although I think it's important to understand all the outsourcing of blue collar jobs and manufacturing was mostly driven by consumer demand for
by Decker87 6y ago
Great analysis, although I think it's important to understand all the outsourcing of blue collar jobs and manufacturing was mostly driven by consumer demand for low prices. It's still true today. Most people can pay 2x as much for something made in the USA, but choose not to.
- harmmonica 6y agoGood point, but I'd adjust your "mostly" to "also" because the profit motivation, I suspect, came first. And at some number the 2x is probably not true (like paying $600 vs $1200 for a fridge is a pretty huge ask for a lot of folks). That said, I would agree most people could afford it today if we'd kept some of that exported wealth stateside, or if we'd spread the wealth that did remain stateside out more evenly over the past 40 years instead of our policies benefiting those with capital so disproportionately.
- deleted 6y ago[deleted]