Zero chance in hell that an increase in manual labor would narrow the wealth gap.
Edit: we also export a lot of trees/lumber. A day doesn't go buy where I don't see a lumber truck. We have pretty great wine, too, although not cheap. Great beer.
Respectfully, this is totally unrelated to the topic of the thread. I don't know if you are being intentionally provocative, or if you just lost track of the fact that this thread is intended to discuss tariffs and international trade war issues, and is not a general thread to discuss issues that you think the current administration is handling differently. If you want to discuss immigration policies, I'd ask that you start a new thread, and we'll see how long it lasts before being frozen.
Actually, many members here on OF have questioned the competence of the Trump administration. The wide-open border with ZERO backgrounding of the millions pouring across the border during the Biden Admin. is a clear reference to what competence is.
Trump Admin shut down border. Crossings counted in the dozens vs millions in the past 4 years with ZERO regard related to who the hell these people are.
anyway...............................
The thread needed to be derailed a bit and I do like to do that - but I would like to get back to my question (a page back):
When the orange fellow speaks about the trade balance - what goods does he think he can sell in the rest of the world? That competes in quality and/or price? Take note that he has never discussed anything other than goods. Tariffs on services has not been up for debate yet (the EU has that on the agenda though - if it comes to full on trade war).
Or looking at it another way, 75% of Americans would be worse off working in a factory.
Although Minnesota is known for some good canoes, I'd say most of the best are probably Canadian. If I was going to purchase a new Canoe tomorrow it would be a Swift with zero questions asked.
I do think that's the way most people have read that chart. But to be fair, 25% is a pretty big number compared to the 5% unemployment rate and a $35k factory job with benefits is appealing to many.
I guess a question is whether bringing back those $35k jobs is the best approach to reduce income and wealth inequality. The selling point seems to be more based on nostalgia for the good old days, than strategic thinking about the future economy.
I guess there is also a push to reinvigorate the coal industry, which does not seem appealing in any way. Maybe some of the attempted trade deals will involve trying to get other countries to buy our coal. There is certainly a lot of talk about LNG.
80% says we need to bring back manufacturing jobs but only 25% actually want to do it. That’s a huge disconnect that’s saying a large majority are better off not working in factories.
80% says we need to bring back manufacturing jobs but only 25% actually want to do it. That’s a huge disconnect that’s saying a large majority are better off not working in factories.
Given the comment, are we pompously haughty much?
It's definitely a crappy situation, isn't it? We need much better education so that a lot of these people have a shot at getting good jobs. But that means, we actually need to spend a lot more money on education in the united states, not less.
Yes. And figure out why a university education has fallen so far in terms of esteem. Could that be related to the fact that the disproportionate increase in cost over the years has made it fundamentally unaffordable, and thus has caused it to become reflexively devalued?
