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The spin seems the be that the recession is intentional in order to devalue the dollar and make American labor competitive with manufacturing hubs, bringing bac
by idle_zealot 2y ago
The spin seems the be that the recession is intentional in order to devalue the dollar and make American labor competitive with manufacturing hubs, bringing back domestic manufacturing capabilities.
- johnnyanmac 2y agoAnd people actually buy that? Hey we're gonna make things worse for you so you can get worse paying manufactuer jobs compared to 2023. BTW we're cancelling all the new manufacturing initiatives. Almost no one wins from this. Rich people suffer the least as usual by having a diverse banking account, especially in multiple currencies. All working class is devalued so the only boon is jobless people who manage to find a job.
- idle_zealot 2y agoThere are a lot of people who romanticize America's time as an industrial nation, where most Americans were factory workers, miners, laborers, etc. They're being promised a return to those times, couched of course in the lie that those jobs will pay well, and the false assumption that workers will receive good treatment.