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To: cloudmountain
Now, how to compensate the money lost for EXPENSIVE production HERE and LOTS cheaper production over THERE? The money has to come from somewhere.

Your statement requires some in depth analysis which is sorely lacking here on FR.

First is you term "expensive." That connotes sky high labor costs which is not true. Most labor in the USA, over 90%, is NON UNION and not "expensive". The hourly rate is not as important as the cost of labor PER UNIT made. Labor is only 5%-6% of most non clothing/textile production ( textiles/apparel is only a small part of what we consume ). We are only talk pennies on the dollar for US labor at retail..

And what do we get for this one time wage inflation? We get balance trade and increase tax revenue, communities rebuild, we get people off welfare, we get lowered drug use because believe it or not Republicans, PEOPLE REALLY WOULD RATHER WORK FOR DECENT WAGES THAN SIT ON THERE BUTT.

16 posted on 02/16/2020 9:13:09 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Thank you for that - I was trying to formulate a decent reply and saw yours.


34 posted on 02/17/2020 3:24:22 AM PST by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
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