When we discussed your "take care of America" plan, you offered nothing of substance.I didn't think so. You are real good at telling others how wrong they are but when questioned on the right way or how you would do it you freeze like a deer in the headlights.
View attachment 61672
You challenged me on how I would achieve YOUR "take care of America" idea, I offered multiple paragraphs of just the BEGINNING of a plan.
For YOUR "take care of America" idea. An idea where YOU had nothing more than 'do better because better is better and do better from within'.
So let's rewind a bit, and you hold yourself up to your own standard. Give me your plan to "take care of America" in concert with getting rid of our allies, then I'll give you my plan for a better economy.
That's the chicken and the egg problem we are now at.That would be awesome...how do you figure reconcile that idea with dems pushing for $20-50hr minimum wage?
What company is going to open up manufacturing here, to make a product that no one can afford until they sell enough product that they can pay workers enough to be able to afford it?
Look at WalMart: They are one of the top FOUR employers whose employees rely on SNAP and Medicaid.
To get SNAP, your income as a single person cannot be over $300 per week. To get SNAP as a family of five, HH income cannot be over $750 PER WEEK.
So that tells you what they pay.
So WalMart pulls production here, which increases the price of 80% of their products by 2x. I have no idea what it would really increase, but comparing prices I see of products here that I can buy direct for half the price, so it's at least DOUBLE.
And doubling the price does nothing more for their bottom line than bring production here. Yes, it employs people, but at a low wage.
That means a ton of WalMart employees and 40 million other low-wage workers can no longer afford to shop at WalMart, as prices have doubled, BUT their pay is the same.
Right now, a massive portion of the 42- million low-wage workers are working for industries that are pulling in HUGE dollars for the owners. It's not a true equivalent, but it's not far from servitude. Those 42 million can't afford to have most every product they buy from WalMart double in price, just for the benefit of bringing mfg back here.
So I guess we have to decide which is more feasible a concept: Do we increase wages in order for people to survive and maybe even get ahead of the game, then bring mfg back here and people will be able to afford the ensuing increased cost of goods,
OR bring mfg here first, pricing goods out of the market so they don't get bought, then hope employers will start paying more to enable people to buy last year's goods that are sitting in a warehouse getting dusty?
Can you name anyone that would take that risk as a startup, or even a massive company that would take that risk?
Picture someone going into a pitch meeting with an equity firm: "I want to open a factory here, making this same widget that stores now buy for $5 from China, but will soon be paying $6.25 due to tariffs. We will need to build a factory, fill it with mfg equipment, source our goods, hire 75 min-wage employees to make the widgets. We should be able to bring the wholesale price in at $7.50, the lowest."
Will the investment money pour in?
Manufacturing jobs started to increase in early 2016, and continued to rise. Are we crediting Trump for that?Trump started bringing manufacturing back to the US, right after Obama claimed it was gone for good. So know you are saying Trump is doing a good thing? Thank you for agreeing with us.
Do we naively think that Mike wakes up on Monday morning, decides to create a factory, and by Friday they have one employing 50 workers?
Tiffany and Co. was one of my clients. I went to their headquarters during the mid-2000s recession. They had a display of the new processing facility they had broken ground on. I commented on the oddness of the business choice, given the state of the economy.
I was told the expansion plans were in stone years before, and the money was already earmarked for it.
Remember the new Intel factory that Trump took credit for? They broke ground ground before he was even president.
tl/dr? It doesn't happen overnight. If it happened in 2016, it was probably planned in 2013-2014. And so on.
Last edited: