4 ms·
The costal vampire empires rob those towns of youth and future
by ashoeafoot 1y ago
The costal vampire empires rob those towns of youth and future
- LarsDu88 1y agoThe youth leave because there is no future in those rural and former manufacturing areas of the country. The solution by the current administration is to weaken the dollar, but this is basically robbing everyone... when the dollar goes down by 15%, its the same as torching 15% of everyone's money -- same as inflation. The correct solution is to tax the disproportionately wealthy oligarchs of those coastal vampire companies... the tech monopolies which implicitly levy taxes on all online transactions (Google's 30% cut on android apps, Google's 70% cut on all advertising, Steam's 30% cut on all PC games, Amazon's cut on all online shopping transactions), then reinvest that money into rural industries to make manufacturing competitive. Instead the solution has been to levy a tax on all consumers over all trade, which tends to make local manufacturing less competitive over the long run.