Thread: Bizarro
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Ed Pawlowski wrote:

> On 12/10/2020 10:23 AM, Dave Smith wrote:
> > On 2020-12-10 6:29 a.m., Cindy Hamilton wrote:
> >> On Thursday, December 10, 2020 at 4:01:29 AM UTC-5, Leo wrote:

> > ?
> >>> Nobody advocates it openly. It has already been done behind the
> >>> scenes. The
> >>> better part of the means of production has already been driven
> >>> overseas by
> >>> government regulation.
> >>
> >> No, the means of production has been driven overseas because workers
> >> there
> >> are willing to work for peanuts. The average auto worker in China
> >> makes about
> >> $35,000 per year. Where are you going to find someone in the U.S. who
> >> will do
> >> that?
> >>

> >
> > $35,000 per year ???? More like $12,000.

> We want jobs in America, good paying jobs. Oh, we also want low, low
> prices too.
>
> Look around your house. Have lots of nice stuff? Would you have that
> if it was priced on US wages with good benefits?


No, cheaper consumer goods are now produced in Asia and other places, they have much lower production costs for these items than we do...apparel, electronics, and many other things are *vastly* cheaper for US consumers, and that is a good thing. Even the poorest in the US can afford big - screen TV's, microwaves, computers, air conditioners, decent clothing, cellphones, better food, appliances, OTC medications...this adds to an increase in our overall standard of living. What was luxury is now for everyone...the price of a nice big - screen TV, adjusted for inflation is __5%__ of what it was in 1990...air conditioning is __95%__ cheaper than in 1955, in inflation - adjusted dollars...

And US production workers are *far* more efficient than in 1950, 1970 or even 1990...many fewer hands are needed to produce higher - value items...and those production workers are still well - paid, according to their skills level...

We still have a huge manufacturing base, but we make many "high added - value" products. Quick wiki:

"The largest manufacturing industries in the United States by revenue include petroleum, steel, automobiles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, and mining. A large portion of U.S. industrial output, the United States leads the world in airplane manufacturing. American companies such as Boeing, Cessna, Lockheed Martin, and General Dynamics produce a vast majority of the world's civilian and military aircraft in factories stretching across the United States..."

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