Winning
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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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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.
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For someone with family ties in Ukraine, being on the outside is still incredibly terrifying. Let alone that Muskfuck is now promoting AFD
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Really not the time to sleep on China if you want to keep your Imperial empire guys.
China completely ravaged US manufacturing and y'all are still in the corner wanking over 'cheap Chinese product.'
China doesn't just make the cheap things you use. They make essentially everything you use.
Stop licking your wounds with petulent little jabs like this and start finding a way to compete. You know, the way your sacred free market dictates that you should.
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Bush was President in 2008.
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Egg prices
I don't think selling your eggs makes an actual visible difference?
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Really not the time to sleep on China if you want to keep your Imperial empire guys.
China completely ravaged US manufacturing and y'all are still in the corner wanking over 'cheap Chinese product.'
China doesn't just make the cheap things you use. They make essentially everything you use.
Stop licking your wounds with petulent little jabs like this and start finding a way to compete. You know, the way your sacred free market dictates that you should.
They're on a path to making things better than the US and once they do, we'll have a new world order. If the US doesn't wake up now, the second half of this century will be very different than the past 150 years.
What are you thinking of?
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At the federal level taxes aren't used to pay debt, they're used to reduce the money supply. That money goes into a shredder, and is functionally unrelated to the money printed.
Not really. Most money is actually just numbers on a spreadsheet. This is because loans actually create money in a virtual sense. If you want to reduce the money supply, a better approach is to up interest rates, which encourages people and companies to reduce how many loans they take and pay off the ones they have.
And yes, this is what the Biden administration did to reduce inflation, and it worked. At the start of his term it was over 8%, and at the end it was under 4%.
Unfortunately, people don't understand that reduced inflation doesn't mean reduced prices. It just means the prices don't go up as fast. They also don't understand that negative inflation, i.e. prices going down, is actually terrible for an economy since everyone is then encouraged to spend as little as possible, reducing cash flow
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Yes, this is all well accounted for in MMT. I recommend reading a bit more on the website I linked or on the wikipedia page about it.
What this page reads as is some socialist wishes, but not a reflection of reality. We do issue bonds as a means of funding operations, there are no government guaranteed jobs, and while as I'd mentioned taxes may be viewed as a form of inflation control by reducing currency circulation, this is really only a view difference of spending from a bank account vs a credit card.
My grandfather was part of one of those government job programs in the early 1900s that was created to combat massive unemployment, but today we just put people on the street or in jail
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Really not the time to sleep on China if you want to keep your Imperial empire guys.
China completely ravaged US manufacturing and y'all are still in the corner wanking over 'cheap Chinese product.'
China doesn't just make the cheap things you use. They make essentially everything you use.
Stop licking your wounds with petulent little jabs like this and start finding a way to compete. You know, the way your sacred free market dictates that you should.
Do you ever wonder how they can be so much cheaper?
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They're on a path to making things better than the US and once they do, we'll have a new world order. If the US doesn't wake up now, the second half of this century will be very different than the past 150 years.
What are you thinking of?
EVs in the next 10 years. They've made massive investments dating back over a decade while the US can be described as aimlessly meandering at best.
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Do you ever wonder how they can be so much cheaper?
Low labor costs and centralization but the how matters less than the if and when (will they supercede the US) in this scenario.
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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.
Michael Keaton will save us right? (Curious which you think I mean)
