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Voters can't think things through.


               
2017 Jan 23, 9:14am   380 views  1 comment

by HEY YOU   follow (0)  

"Trump was correct that the ruins of industry stand like tombstones on the landscape. The reality may be that an industrial economy is a one-shot deal. When it’s gone, it’s over. Even assuming the money exists to rebuild the factories of the 20th century, how would things be produced in them? By robotics or by brawny men paid $15-an-hour? If it’s robotics, who will the customers be? If it’s low-wage workers, how are they going to pay for the cars and washing machines? If the brawny men are paid $40 an hour, how would we sell our cars and washing machines in foreign markets that pay their workers the equivalent of $1.50 an hour. How can American industry stay afloat with no export market? If we don’t let foreign products into the US, how will Americans buy cars that are far more costly to make here than the products we’ve been getting? There’s no indication that Trump and his people have thought through any of this."

http://kunstler.com/clusterfuck-nation/he-is-risen-but-for-how-long/

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1   Entitlemented   2017 Jan 23, 11:22am  

Its always tough to have ideas and create things. The innovative people get beat on by 100s of accountants, managers, Lawyers, production people.

I have said it before: The US invented the telegraph, telephone, TV, Auto(conincident with DE Otto), Plane, Commercial AC, Transistor, LASER, Lightbulb, landed on the moon.

How did the US do this we ask?

https://en.wikipedia.org/wiki/Progressive_Era

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