bendog
Diamond Member
This is not a hypothetical question. If non-agricultural mftring products can be more cheaply purchased by Americans than domestically produced, why can't service jobs allow Americans to make decent wages, even if we have to use min wages to set a base for wages?So the question is, why are US products too expensive? You have to look at what creates the cost. Labor is the #1 factor. So it's the #1 reason why Obama's & Trumps China trade deals would've never worked.
It's also the #1 reason why American manufacturers don't manufacture in the USA near as much as they did in the 70's & 80's.
To solve the problem, one has to address why companies have to pay $15 to $35hr for blue collar workers. The answer is easy. But solving the problem is almost impossible to accomplish because that would take the government forcing lower prices and wages on everything.
Who ever I would support for president would have to address this issue and then at least attempt to gather economic geniuses to come up with a way to get it done. To ignore it will only perpetuate the problem. And within a decade, the problem will continue to push manufacturing out of the country. Allowing automation to take over even the easiest jobs. Which is already happening to millions of jobs.
Automation only requires a mimicking of humans abilities and functions. Computers can be programmed to do just about anything a human can do. From moving objects, joining them together to thinking of solutions.
They just need to be programmed to the specifics of each task.
The end result is an economy where robots and computers do almost everything, leaving the US work force lazy and without incentive. It also means that the only money that too many Americans will have at their disposal comes in the form of welfare. IE Yang's idea of a guaranteed income (Those $1,000 checks)
So unless the government, with the help of those who run the economy and the corporation force, this country into a massive deflation cycle that leads our economy, wages and prices back to levels around the 1960's, the GenZ's and their kids and their kids, in this country will not be producing enough to keep the economy from dying a miserable horrible death.
Can anyone else (that isn't a surface level thinker) come up with a solution?