Economy They tried Made in the USA. It was too expensive for their customers

And what is your definition of slavery?

I have no dog in this fight..
But this is sherdog, I am told fighters in the UFC making hundreds of thousands a year are under slave contracts and are slaves of the UFC... so.

I dont think people on here has a good definition of slavery .
 
I have no dog in this fight..
But this is sherdog, I am told fighters in the UFC making hundreds of thousands a year are under slave contracts and are slaves of the UFC... so.

I dont think people on here has a good definition of slavery .
I'd hope ppl can differentiate between nouns and adjectives lol
 
It's true even in the case of manufactured goods, Vance ran on the idea that millions of cheap appliances are not worth one American manufacturing job and Trump said maybe kids have too many dolls and pencils. It's the right wing version of "You'll own nothing and be happy"

The buy out was a no brainer as evidenced by the dip in stock price after Biden blocked it, my understanding is that both firms are still trying to salvage the acquisition and have gone through with it in all but name.

Point being even friendshoring is bad from a populist POV and I suspect that's in part why Biden blocked it even though it was after the election. Maybe he was trying to deny Trump the opportunities to do so himself or maybe he was trying to salvage the image of the party after an electoral shellacking but either way it was dumb and shows how populism incentivizes bad economics.
US investors don’t want to invest in long term maintenance, upkeep, upgrades and infrastructure projects at US Steel, everything CEO after CEO, brain trust after brain trust is a five year plan after another.

Nippon wants long term investment, major upgrades to blast furnaces and streamlining the process and using top of the line technology to rebuild everything in the infrastructure.

I won’t get into it too much, but it’s the corporate culture of the US where you get your bonus and move on that’s been the bane of US Steel (and manufacturing) for a while in this country.
 
This is also especially funny to me given I run a domestic manufacturing company and I consistently undercut my competition.

How? Low overhead.

I'm a very small independent 3d printing company. I am not trying to get rich. I'm an artisan selling my own designs.

If I make enough to quit my night job, I'm happy. I'll be there in another year or so.

There's room in the market for thousands of me. We don't need one big company driving everyone out of business by outsourcing their manufacturing to China.

Fuck 'em.
3D printing. What about the overhead for steel and lumber manufacturing? I feel like you're comparing a small 3D printing operation to companies that hire thousands of people and wondering why it doesn't scale the same.
 
3D printing. What about the overhead for steel and lumber manufacturing? I feel like you're comparing a small 3D printing operation to companies that hire thousands of people and wondering why it doesn't scale the same.

Well I'm not.
 
Well, it also reflects the transition from an industrial, manufacturing-based economy, to a post-industrial, tech/knowledge-based economy. The former had its base in the midwest and the latter in Silicon Valley.

It's kind of the natural, unavoidable effects of capitalist economies. Constantly looking for increasing profit and efficiency will inevitably lead to the decay of one area and the rise of others. Any politician that promises to "return jobs back to America!" is lying. Yeah, even Bernie.

Maybe a "radical" like Bernie can return some manufacturing back but there's no way it's coming back like in the early-mid 20th century. The inflation would be outrageous.
The point is that the midwest could have been a hub for technology too. 50 years ago SF was not what it is today. I was trying to point out the midwest has opportunities like anywhere else.

Further, American car companies lost the quality battle a long time ago. It's even worse now, just google "Ford CEO talking about Chinese car companies". Part of the reason the free trade agreements became popular is because American quality was flat while the rest of the world improved.
 
The point is that the midwest could have been a hub for technology too. 50 years ago SF was not what it is today. I was trying to point out the midwest has opportunities like anywhere else.

Further, American car companies lost the quality battle a long time ago. It's even worse now, just google "Ford CEO talking about Chinese car companies". Part of the reason the free trade agreements became popular is because American quality was flat while the rest of the world improved.

Don't see how the Midwest could have been a tech hub. They certainly have quality universities with U. Chicago, Northwestern, Michigan, Ohio State, Illinois and Wisconsin-Madison. North Cal seems to have started the whole thing simply because IBM and Stanford were there. Obviously it also had high-quality schools but the beginning point just seems to be dumb luck.

Agree with the car quality part though. Crazy to think that in the 50s, 60s, and even a bit into the 70s, American cars were the kings of quality and reliability. They could have easily stayed #1 and that alone would have eased up the downfall of the Rust Belt a bit.
 
Back
Top