What you say is totally untrue. We have a huge trade deficit. Production is not up except in fake government cooked reports. You can’t find a product made in America in most stores. You work in tech hey. You know I said to my wife that she was right, we should have stood up for steel...your are next. Count on it; there will always be some cheap foreign labor which will cost the globalist less than you. Good luck. You will need it. As for the dynamic economy, you hit the nail on the head. It’s changeable. It can turn on a dime-like now. There is no underpinnings. It will not sustain real growth and will react wildly as people spend or do not spend money. Not that anyone’s going to have any money to spend.
“What you say is totally untrue. We have a huge trade deficit.”
I didnt say otherwise. OTOH, the biggest component of our trade deficit is oil.
” Production is not up except in fake government cooked reports.”
I cant argue with someone who dimisses facts not to his liking.
” You can’t find a product made in America in most stores.”
Nice absurd generalization. Go to Home Depot next time.
” You work in tech hey. You know I said to my wife that she was right, we should have stood up for steel...your are next. Count on it; there will always be some cheap foreign labor which will cost the globalist less than you.”
I know that already, you silly person. I’ve worked with teams in multiple countries, like India and Russia etc. Of course the companies will do what makes most economic sense, and asking them to pay more for something that they can get for less is absurd. You cant wall yourself off from the simple reality that the most productive and efficient companies win and the rest dont.
Despite hiring overseas, our company has jobs, production and exports from the US. If you try to stop it with protectionism, all you will do is make US companies go out of business, while Japanese and European companies take all the business. You will actually hurt exports.
“As for the dynamic economy, you hit the nail on the head. It’s changeable. It can turn on a dime-like now. There is no underpinnings.”
Not really. The underpinnings are simple: Create something of value in a productive way and you can make a profit.
Creation of value is the underpinnings of the economy.