Winning
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It's roughly when the US shut down practically all of our manufacturing plants and laid off the vast majority of our manufacturing talent.
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I'm approximating, but it's in that general time period when manufacturing was moving to China, and with very little concern for the American worker.
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That stuff was never cheap though
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Nobody said otherwise
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They are cheap compared to what they would cost if they were by on US Soil by Americans
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I’m gonna guess this might be different 4 years from now. I would think it’s in the best interest of other countries to lessen their dependence on the USA for certain things.
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What is this AI dribble?
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The last time we had a balanced budged was during the Clinton years. Now I was barely out of high school and hardly paid a bit of attention to such matters at the time, but then there was a little event towards the end of 2001 that turned everything upside down. The military and police became supreme concerns and letting The Market
fix everything was the name of the game under Bush. So much so that we got to experience the 2008 collapse during the Obama years in a major part due to the banks giving loans to people who couldn't pay them on properties that where massively over valued. We've never managed to put things back in order since, in part because the climate got so polarized that 'my team' could NEVER support anything in the least that would be supported by THEM.Throw in a dash of citizens united completely shifting any sense of public input into politics for anyone not a multi millionaire or more and some populist prattling about the good-ol-days and you get what we have now where a big chunk of people who can't care to think for a moment of the actual policies being proposed beyond which team put it forth and you have a lovely recipe for an open pillaging by those with the power to do so.
Yeah, part of me wants to just shut off the news for the next several years, but unfortunately being prepared requires being aware...
True, but I don't think anyone expects a balanced US budget at this stage of global economics. IMO a loss of the AAA rating would tank the economy significantly and risk a massive corporate backlash. This will make the government's stance untenable and cannot simply be solved by issuing unlimited debt.
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If tariffs worked at all like Donnie portrays, to revitalize domestic production and promote local jobs, to help balance a trade deficit, and allow for market choice based on quality more than price, it might be useful.
The reality though is that the American manufacturing and industry space is functionally dead. We've shipped production elsewhere to reduce costs and that's not something that'll get reversed in any short order. All his big talk will do nothing beyond get the additional costs passed onto the buying public while the producers keep laughing all the way to the bank. They'll take any extra taxes gained and put it into the military budget and continue stripping public good services to the bone all while cheering how great we've become. Look at the new carrier group we'll build! So much winning for us both domestically and abroad!
Right? This does nothing without initatives to help people launch manufacturing start-ups
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It's roughly when the US shut down practically all of our manufacturing plants and laid off the vast majority of our manufacturing talent.
Ironically enough, a great solution to this problem would be to bring in Chinese experts to train American workers. The USD still spends.
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Realistically you can become president of the US with 22% of the population. https://youtu.be/7wC42HgLA4k
For more information.To be fair (French here), we love to make fun of your elections but ours in not much better.
We elect our president in two rounds and only keep the two best candidates for the second round. So if every candidates has around 10% of votes, two rather niche candidates could get to second round. To avoid this, it means that candidates that have compatible-ish ideas should team up on compromises but apparently that's not a competitive strategy (compromises make you look weak maybe ?
)So yeah, we can also have weird results. But at least we have a large panel of ideas that gets represented-ish (our society gets more and more polarized too, and this is frightening).
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Well they inferred it
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Ironically enough, a great solution to this problem would be to bring in Chinese experts to train American workers. The USD still spends.
All I can do is mass deportation.
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Ball had started rolling on Reform and Opening Up by about that time
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If tariffs worked at all like Donnie portrays, to revitalize domestic production and promote local jobs, to help balance a trade deficit, and allow for market choice based on quality more than price, it might be useful.
The reality though is that the American manufacturing and industry space is functionally dead. We've shipped production elsewhere to reduce costs and that's not something that'll get reversed in any short order. All his big talk will do nothing beyond get the additional costs passed onto the buying public while the producers keep laughing all the way to the bank. They'll take any extra taxes gained and put it into the military budget and continue stripping public good services to the bone all while cheering how great we've become. Look at the new carrier group we'll build! So much winning for us both domestically and abroad!
They'll take any extra taxes gained and put it into the military budget
Trump is actually trying to cut the military budget too. Which is actually problematic because we have a lot of equipment (particularly aircraft) that is aging out and we already can't develop and/or manufacture replacements fast enough
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And meanwhile many small businesses will go down since they don't have the bargaining power like their bigger competitors. The rising prices of their suppliers will completely wipe out the tiny margins they had. Even if they raise their prices their competitors can undercut them even more aggressively now. Also quality and quantities will go down.
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They'll take any extra taxes gained and put it into the military budget
Trump is actually trying to cut the military budget too. Which is actually problematic because we have a lot of equipment (particularly aircraft) that is aging out and we already can't develop and/or manufacture replacements fast enough
I wonder what Project 2025 has to say about that
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Ofc it's an ml wumao
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They'll take any extra taxes gained and put it into the military budget
Trump is actually trying to cut the military budget too. Which is actually problematic because we have a lot of equipment (particularly aircraft) that is aging out and we already can't develop and/or manufacture replacements fast enough
Even if he did, which I really doubt since nobody ever does, I'm pretty sure they could find a way to rearrange some spending in that, what is it 800-900 Billion now?
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It's roughly when the US shut down practically all of our manufacturing plants and laid off the vast majority of our manufacturing talent.
I have watched Chinese tool steel and heat treat ability improve massively over my career. The steel went from chineseium to the cheap usable option in a shop.
Tool and alloy steels are a basic measure of a country's industrial ability. That genie isn't going back in the bottle.
The gutting of US manufacturing and unions has been a crime against blue collar folks that most don't understand. Few new machinists stuck through the recession of the aughts. There are few machinists in my age bracket. There is no magic switch to rebuild manufacturing in the USA. It takes years to create competent machinists and we don't have enough competent machinists to do the training. The apprenticeship programs have mostly been eliminated, the guys that taught me had journeyman's papers but those programs were gone by the time I came up.
I've been lucky enough to grow three machinists, green to competent, in my career. Had to fight with management/corporate to do that much. I know of one that has already left the trade.
