I guess I am never going to "Get It'
5 or10 years from now, when the Unions are all gone and the manufacturers have all moved to a third world country for cheaper labor,how do you think Americans will buy the products that are made overseas, when they are out of a job or working for minimum wage?
It isn't that difficult, why are you having so much trouble understanding .
It's good for the manufacturer to pay less to make his product , but if his customers are not able to buy, it doesn't matter what it cost to make it , it's scrap.
Unless the buying market opens up elsewhere, like I said . Like the Middle East
I guess it doesn't matter to you that most of America goes down the toilet, you and your friends have got yours and tough for everybody else.
Another thing a lot of people have not thought of, is that a huge portion of the people on this planet , believe we are devils and no matter what the price , they will not buy our stoves and refridgerators and cars because of their faith.
Man, those are some big blinders you guys are wearing , better be careful you don't fall over each other in the dark.
Well, first the idea that we are uncaring is simply not true. Not from a humanitarian perspective nor from an economic perspective. As a person who employs other humans on both sides of the Pacific I care deeply for those I have hired. Many business owners do see their employees as wards to be cared for and protected as much as possible.
But it is the as possible part that you don't get. When it becomes economically impossible to produce the goods at xyz location then the production facility must move or go out of business entirely. A business is not started with intention to move it. Businesses are started with intention of creating a literal perpetual motion generator of income. The ultimate situation is a humming factory that operates at full capacity and full employment where everyone is happy with the money they are making. But this unicorn situation rarely exists. For most companies it is a daily struggle to keep the doors open.
And the larger the company the more factors they have to deal with. It's not so simplistic as to say you have to employ your customers if you want them to be able to afford your goods.
We could dive deeper into that but at the core it really comes down to supply and demand. Without government support/interference competition drives prices down until the amount of competitors consolidates into monopolies which raises prices.
The bottom line is that many are trying to take a very very complex world and distill it down to black and white choices. Have you ever considered how incredibly complex the global economy is? Now throw in all the government considerations on top of it and the complexity increases exponentially.
Every single move that benefits someone negatively affects someone else. It doesn't matter whether it is a factory that moves from Indiana to Georgia or one that moves from Virginia to China. And by the same token a negative impact for one is a benefit for another. Yes a$40 an hour job might evaporate but the product coming in at half the prices saves millions for those who don't have$40 an hour jobs.
The world adapts, people adapt.
Read Hazlett, read the Way to Wealth if you want to get an introduction into the underpinnings of why protectionism and alternately blaming the government for interference while asking it for protection is naive and a waste of time. Government should work for us to do the things that the power of scale can achieve but government does not need to be used as a shield against competition because that shield is easily turned into a prison.
I am not full on libertarian. Nor am I a socialist. I am a person who understands what capitalism is good for, what mercantilism is good for, what socialism is good for, what independence is good for and what regulation is good for. In all things we should seek balance in order to have a stable foundation from which to build. But never become so attached that we cannot abandon an idea, a concept, an institution, or a job and start over.
That ultimately is what being human means to me. The freedom to use every available way to make my own way in the world. But in order to get to that point I have to hope I was educated to become the type of thinker who can find and use those opportunities.
Dependence is no different whether it is the government teat or the company teat. Assuming one is entitled to either is a failure in oneself. Welfare may be available and one may qualify for help but it is not intended to be a lifelong support. Employment may be available and one may qualify but the employer cannot possibly guarantee a lifetime of employment.
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I hadn't heard that exactly like you said it, but it doesn't surprise me if true. That's another reason to lay off the violent controls, tariffs, taxes, embargoes, sanctions, etc....those tend to lead to wars, very costly things that harm every household's budget greatly.
