4 ms·
If more goods are made locally then it seems rather that unions would have more leverage. They’re not competing with underpaid foreigners in countries with even
by elcritch 1y ago
If more goods are made locally then it seems rather that unions would have more leverage. They’re not competing with underpaid foreigners in countries with even less unions.
The bigger loss for all employees is the shareholders primary fallacy giving executives excuses to pay workers less. Since there’s no competition for many consumer goods then there’s no pressure to keep prices low and companies just up their profit margin.
The loss in IT / software jobs are again mostly profiteering using AI as an excuse.
- danans 1y ago> If more goods are made locally then it seems rather that unions would have more leverage. Unions represent only 9.9% of US labor [1], primarily in the public sector and the skilled trades. White collar workers and low skill workers tend not to have the benefit of a union. Tariffs are maybe OK if you are, for example, an domestic auto assembly worker (assuming no job losses due to demand reduction or supply chain cost increases), but otherwise not great. 1. Union Membership (Annual) News Release - 2024 A01 Results https://share.google/dmIydp7foghcJ1Lo2 https://share.google/dmIydp7foghcJ1Lo2
- deleted 1y ago[deleted]
- dmix 1y ago> If more goods are made locally then it seems rather that unions would have more leverage. They’re not competing with underpaid foreigners in countries with even less unions That will take at least 5yrs to a decade to be a major economic change, not a few months after tariffs For the rest, when analysis seems a bit too convenient it usually is.