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The simple, untried solution is to stop being the export dumping ground of china. But when anyone says that the knee-jerk reaction is “you’re an awful person fo
by irishcoffee 27d ago
The simple, untried solution is to stop being the export dumping ground of china. But when anyone says that the knee-jerk reaction is “you’re an awful person for saying that”
FT has had a few articles about it recently, here is one about a historical vote at the G20 summit. https://www.ft.com/content/dcefdf76-9bac-4b34-80c2-eab80b559f53?syn-25a6b1a6=1 https://www.ft.com/content/dcefdf76-9bac-4b34-80c2-eab80b559...
- jleyank 27d ago"Cheap goods" is quite a problem, as basically the US, possibly all of North America loves their cheap Walmart items. Screw how they were made... They're usually the cheapest. Replace "Walmart" with whatever large box store goes lowest price as appropriate.
- palmotea 26d ago> "Cheap goods" is quite a problem, as basically the US, possibly all of North America loves their cheap Walmart items. Screw how they were made... They're usually the cheapest. Replace "Walmart" with whatever large box store goes lowest price as appropriate. Loves? Or driven to them by necessity? The whole "China Shock" "bargain" for many was something like: you'll lose your jobs, status, and security; but "cheap Walmart items" should make your lowered circumstances more bearable.
- jleyank 26d agoI think they could pay 0.20 - 0.50 dollars higher at Target or a different bulk store.
- gls2ro 26d agoThat is not a simple solution in practice, only on social media. It will make prices go high, which will spiral in a lot of things and will increase the cost of living in the present even more for the vulnerable part of the population of a country. of course it can be the proper solution for the future but saying it is simple is a huge huge understatement of the political and economical will needed to make it happen.
- owebmaster 26d ago"China made me do this" isn't a good excuse for fascism and it won't go well.
- vkou 26d agoIncreasing COL for everyone is an interesting solution, I wonder how well it would do for your re-election prospects. The United States voted a shit-slinging gibbon in over anxiety of a minor COVID COL increase. (That he caused, but everyone has forgotten his role in it.)