The future of this country

[ElmerMudd]

50+ years of failed trade policy has caused this.

Nixon opened China for trade with the idea if we exported capitalism to China they would end up overthrowing their communist government. Instead China has successfully exported Marxism and communism to America. Corporations now willfully enforce CCP censorship to their own employees and US citizens.

50+ years of idiotic trade deals that fucked this country over and shipped jobs overseas. Failing to use tariffs, failing to keep manufacturing jobs here, all thanks to politicians who sold this country out while they pocketed millions for themselves. People like Biden.

If you are a capitalist, you believe in free and open markets. If you are a socialist, you believe in closed, controlled markets. Sounds like you are a socialist.

 

[Osiris-ODS]

You're not even close to understanding the whole point of this thread. That could very well be my fault, do to not putting this in a way you can understand.
Or it could be you're just not capable of understanding the fact that our USD is over inflated or that our trade deficit isn't because we buy so much from China. But more so that our American manufacturing can't afford to manufacture in the US.

Think of this whole thing as a huge drop in prices and wages for every thing across this entire country. Including rent, the cost of houses, the cost of building materials and labor for home builders. Plumbers and plumbing supplies. Computer and computer chip manufacturing, food, water, clothes.. Put our economy (wages and prices) back to 1960's to 1980's levels. Same wages. Same prices.

My apologies for not being more articulate.

I agree that our fiat currency is heavily inflated. And your endgame is great, the problem is it would be all but impossible to turn back that dial across all sectors that trade on the USD worldwide. I mean, if it was that easy, why stop at 1960s to 1980s levels, why not dial it back to when everything cost a nickel?

And aside from the practical obstacles that would stand in the way of any theoretical plan for deflating the currency across the board simultaneously (without the hardships people suffer during severe economic downturns that cause organic deflation), you have to first deal with the massive rampaging elephant in the room that nobody wants to acknowledge or put down: the runaway train of defecit spending by the federal government, which just keeps accelerating at an exponential rate. How do we solve that when most people either don't know it's a problem or simply don't care bc they see it as someone else's problem. Nobody even raises an eyebrow anymore when politicians toss around the "trillion" figure like it's just spare pocket change in the couch cushions. It wasn't too long ago that people would get anxiety hearing politicians propose federal spending of less than a billion dollars. Now here we are sending $55 billion so far to Ukraine in just 3 months, $17 billion to Pakistan "to promote gender studies programs," $30 billion to the pharma industry to manufacture vaccines for the entire world (much of which is now being disposed due to the massive oversupply of expiring doses), and the list goes on.

And that brings us face to face with the unfortunate but inevitable epilogue period under the "Tytler Cycle," which is predicated on the theorem of Alexander Frasier Tytler:

"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury."​

The Tytler Cycle Suggests A Democracy Only Lasts 200 Years

Alexander Fraser Tytler, Lord Woodhouselee was born in October, 1747. He was a Scottish historian who served as Professor of Universal History at the University of Edinburgh. Tytler is often credit…

bearstatebooks.com

Sadly, everything we're seening in recent years suggests that this eventual outcome - economic implosion resulting from unsustainable currency inflation fueled by the will of the majority - is 100% inevitable.​

 

[initforme]

We cannot go back to paying what we did. No ot acceptable.

 

[theHawk]

If you are a capitalist, you believe in free and open markets. If you are a socialist, you believe in closed, controlled markets. Sounds like you are a socialist.

Retarded definition of both.

 

[Ray From Cleveland]

And aside from the practical obstacles that would stand in the way of any theoretical plan for deflating the currency across the board simultaneously (without the hardships people suffer during severe economic downturns that cause organic deflation), you have to first deal with the massive rampaging elephant in the room that nobody wants to acknowledge or put down: the runaway train of defecit spending by the federal government, which just keeps accelerating at an exponential rate. How do we solve that when most people either don't know it's a problem or simply don't care bc they see it as someone else's problem. Nobody even raises an eyebrow anymore when politicians toss around the "trillion" figure like it's just spare pocket change in the couch cushions.

That's a problem with a simple solution: A consumption tax.

The consumption tax would be used strictly to fund deficits, and if we ever end up with a balanced budget or more money than the deficit, use the additional money to pay off the debt.

Let's say a national consumption tax of .08 cents on the dollar. Now when politicians start talking about funding the Ukraine war, free college, paid child care and pass such bills, the consumption tax increases to .10 cents on the dollar or whatever it takes to fund these projects.

Currently (as you said) nobody cares about spending because that spending doesn't affect most of our lives. We're not going to pay for it, so why should we care? But a national consumption tax gives everybody a dog in the race. When politicians start talking about pork and wasteful spending, the pubic outcry would be heard worldwide because we would have to pay for this spending the minute money was spent.

The beauty of a consumption tax is everybody pays: the rich, the poor, and anybody in between. If we all had to pay for this wasteful spending, you'd see how fast everybody would start paying attention to it.

 

[Osiris-ODS]

I think your average CEO pay is a little inflated.

Chief Executive Officer (CEO) Salary in 2024 | PayScale

The average salary for a Chief Executive Officer (CEO) is $164,880 in 2024. Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill, employer and more.

www.payscale.com

A company does not employ people if it makes their company worth less. They pay CEO's to increase their profit far beyond their pay.

It works like that with all jobs. If you are getting paid $20.00 an hour to run a milling machine, your employer is making $30.00 to $40.00 an hour on your work. He wouldn't pay you $20.00 an hour if he could only sell your work for $18.00.

Same applies to CEO's. You and I both open up widget companies. A CEO who is an expert in widget manufacturing wants 2 million dollars a year. You decide you are not paying him that kind of money, so I hire him. We will sell our products cheaper, increase our profits, and eventually run you out of business.

What I don't understand when it comes to pay scale is how it's not understood. A company doesn't pay you based on how much money they have, what they pay their management, or what their stocks are. They pay you based on your worth to the company. You are only worth as much as your employer can pay somebody else to do the same quality of work that you do.

Morality? So where is your morality at? When you need your lawn care done, do you not get several estimates first? And when you do, choose the highest one? Of course not. As long as you can get the same quality of lawn care, you choose the cheapest one. Same thing if you need your transmission rebuilt, a major plumbing job, an addition to your house. You don't care what the person is paying their employees. All you care about is paying the least for the work you need done. Companies work the same exact way regardless what a CEO makes.

Generally speaking all of this is true. I'll just say that for me personally, the one notable exception with no wiggle room for compromise was my 67 Shelby mustang rebuild. I would not even consider installing a single nut, bolt, rivet, fuse or seal made out of Chinese steel. If a part couldn't be verified as made in the US or used ambiguous words like "assembled and packaged in the U.S.A." I straight up refused to buy it, and went with verified US parts manufacturers instead, regardless of the price difference (in most cases a sizeable difference). But in every case that extra cost was easily worth it, a no brainer. The difference in quality always far, far exceeded the difference in price.

Based on everything I've witnessed, researched and heard first and second hand from others, I am frankly amazed when I open a Jegs or Speedway Motors catalog, flip to the parts for classic 60s musclecars or hotrods, and see an ever growing list of major structural, suspension, and drivetrain parts that are made in China. I'm honestly amazed there's enough demand for that junk to warrant carrying any of it in inventory, much less an expanding selection. It has never made a lick of sense to me why someone who's taking the time to restore a vintage musclecar, and who obviously has the appreciation for vintage American muscle and the nostalgia of Detroit steel, would turn around and buy a 4-link rear suspension from Helix knowing damn well it's made in China and the steel is structurally unsound...and then they go and weld it on knowing that a single joint or weld coming loose at cornering speed could mean seriously injury and/or major damage to their car or other property. All to save around $400. Last I checked that was the price difference to the closest priced American made kit, I shit you not.

The other lesson people in that industry usually learn really quick ... when you try to go cheap, you end up spending a dollar to save a dime. It always makes me laugh when some idiot starts complaining about how much money he had to spend on labor having a shop install shitty Chinese parts. They never fit right so shops have to mod the shit out of em, plus the fittings are either fucked or absent, so the shop has to fab something up. I've heard some funny stories from car peeps I know about guys spending $1,500 in extra labor costs to due to difficulties installing a cheaply made part they bought just hoping to save $250. So even though your post pretty accurately describes me (and most Americans) I often end up saying to myself in hindsight "you know damn well you get what you pay for" when the product I bought bc it was cheaper ends up sucking ass.

 

[zaangalewa]

So the question is, why are US products too expensive? You have to look at what creates the cost. Labor is the #1 factor. So it's the #1 reason why Obama's & Trumps China trade deals would've never worked.
It's also the #1 reason why American manufacturers don't manufacture in the USA near as much as they did in the 70's & 80's.
To solve the problem, one has to address why companies have to pay $15 to $35hr for blue collar workers. The answer is easy. But solving the problem is almost impossible to accomplish because that would take the government forcing lower prices and wages on everything.

Who ever I would support for president would have to address this issue and then at least attempt to gather economic geniuses to come up with a way to get it done. To ignore it will only perpetuate the problem. And within a decade, the problem will continue to push manufacturing out of the country. Allowing automation to take over even the easiest jobs. Which is already happening to millions of jobs.

Automation only requires a mimicking of humans abilities and functions. Computers can be programmed to do just about anything a human can do. From moving objects, joining them together to thinking of solutions.
They just need to be programmed to the specifics of each task.

The end result is an economy where robots and computers do almost everything, leaving the US work force lazy and without incentive. It also means that the only money that too many Americans will have at their disposal comes in the form of welfare. IE Yang's idea of a guaranteed income (Those $1,000 checks)

So unless the government, with the help of those who run the economy and the corporation force, this country into a massive deflation cycle that leads our economy, wages and prices back to levels around the 1960's, the GenZ's and their kids and their kids, in this country will not be producing enough to keep the economy from dying a miserable horrible death.


Can anyone else (that isn't a surface level thinker) come up with a solution?

Solution for what exactly?

 

[zaangalewa]

Kissenger is the reason a Jew can never be trusted in government. Fact:

Ten of Biden's cabinet picks are all jewish!

️ Janet Yellen ️ - Secretary of the Treasury

️ Merrick Garland ️ - Attorney General

️ Alejandro Mayorkas ️ - Secretary of Homeland Security

️ Avril Haines ️ - DNI

️ Ron Klain ️ - Chief of Staff

️ Antony Blinken ️ - Secretary of State

️ Wendy Sherman ️ - Deputy Secretary of State

️ Victoria Nudelman ️ - Secretary of State of Political Affairs

️ Eric Lander ️ - Office of Science and Technology Policy -

️ David S. Cohen ️ - CIA Director

Do you think you are better able to trust in a government leaded by an anti-Semite like for example the alien life form A(do)lf Hitler? I have to say we made not the best experiences with this alien. What about politicians from the planet Melmac? Could this solve your not existing problem?

 

[YoursTruly]

Solution for what exactly?

Our economy and the future of the USD being the worlds currency. The very thing that keeps us at the top of the economic food chain for a large part of the globe. To bring prices and wages back down so Americans can start gaining in manufacturing competition again. At the moment, China and other low wage countries are dominating us. This is causing automation in the USA to dominate our work force.
In 10 years, $15hr will be poverty wage. Companies here who manufacture & export goods, will not be able to compete globally.

Example: 30 years ago, one could retire in Mexico for about $1,000 per month. And live very good. Now, one can still retire down there on about $1,500 per month. They, nor China have over inflated their currency like the USA has.
Here in the USA, one simply can't live on just a $500 per month increase in what they were making 30 years ago, unless they were rich back then.

 

[Nova78]

So the question is, why are US products too expensive? You have to look at what creates the cost. Labor is the #1 factor. So it's the #1 reason why Obama's & Trumps China trade deals would've never worked.
It's also the #1 reason why American manufacturers don't manufacture in the USA near as much as they did in the 70's & 80's.
To solve the problem, one has to address why companies have to pay $15 to $35hr for blue collar workers. The answer is easy. But solving the problem is almost impossible to accomplish because that would take the government forcing lower prices and wages on everything.

Who ever I would support for president would have to address this issue and then at least attempt to gather economic geniuses to come up with a way to get it done. To ignore it will only perpetuate the problem. And within a decade, the problem will continue to push manufacturing out of the country. Allowing automation to take over even the easiest jobs. Which is already happening to millions of jobs.

Automation only requires a mimicking of humans abilities and functions. Computers can be programmed to do just about anything a human can do. From moving objects, joining them together to thinking of solutions.
They just need to be programmed to the specifics of each task.

The end result is an economy where robots and computers do almost everything, leaving the US work force lazy and without incentive. It also means that the only money that too many Americans will have at their disposal comes in the form of welfare. IE Yang's idea of a guaranteed income (Those $1,000 checks)

So unless the government, with the help of those who run the economy and the corporation force, this country into a massive deflation cycle that leads our economy, wages and prices back to levels around the 1960's, the GenZ's and their kids and their kids, in this country will not be producing enough to keep the economy from dying a miserable horrible death.


Can anyone else (that isn't a surface level thinker) come up with a solution?

Yea ,quit voting for Democrats