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Imports that are actually necessary or frivolities? Also, how were poor people surviving without cheap offshore imports before those became a thing?
by Rinzler89 2y ago
Imports that are actually necessary or frivolities? Also, how were poor people surviving without cheap offshore imports before those became a thing?
- mrguyorama 2y agoWell you see that thing used to be made with higher cost American labor, and those workers were paid more, so they could afford the things they were making. When the jobs were shipped overseas, those workers were not able to get higher paying jobs, so they were stuck with less purchasing power, such that even though "stuff" is way cheaper now, all the things that couldn't be built overseas now cost an insanely higher percentage of that worker's take home pay. Sure, you used to have to save up to buy your one pair of shoes per decade, but they mostly lasted a decade. Now you can buy three pairs for the same price, but all together they only last 5 years. You are poorer even though you can "afford" more.