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RKP5637

(67,107 posts)
1. It's absurd. He can not bring jobs back to the US without cutting wages in the US
Mon May 23, 2016, 11:34 AM
May 2016

drastically. And if he uses tariffs, none will be able to afford those currently cheap products they enjoy. It's far more complex than what he alludes too, but he attracts no-nothing voters. One solution would be worldwide wage control, but good luck with that. Also, worker productivity continues to increase which means fewer jobs by default, but most politicians don't want to address that. Another solution is re-balancing of the wealth distribution, but the oligarchs will not have that and neither will Trump.

DetlefK

(16,423 posts)
5. Actually, higher wages are a better way to create jobs:
Mon May 23, 2016, 11:50 AM
May 2016

Low wages -> people do not consume -> companies don't make money.
And you cannot possibly beat asian sweatshops when it comes to low wages.



However, if you create
1. marginally higher wages with higher minimum-wage
2. marginally higher wages with more unions
3. economic confidence and security for the consumer with a legal framework that puts them under less financial pressure
** e.g. good health-insurance
** e.g. fair college-loans; cheaper college
** e.g. better laws for workplace-protection, instead of the exploitative gig-economy
then the consumer will spend money by buying corporate products instead of saving it for bad times. (Just imagine the investment opportunities if the money trapped in college-loans were instead available for other investments.)

The consumer/worker profits from higher wages.
The corporations profit from the consumers spending, spending, spending.

RKP5637

(67,107 posts)
6. Definitively! And it's been proven over and over again to work! There is a mindset in this country
Mon May 23, 2016, 11:54 AM
May 2016

that is illogical and seemingly unshakable.

DetlefK

(16,423 posts)
8. The key point is financial security. For both the consumer and the investor.
Mon May 23, 2016, 12:10 PM
May 2016

The consumer must have confidence that he can spend his money. He must be confident that he won't need to save it, e.g. because he could go broke any moment from health-problems because he has a crappy health-insurance.




Economy is cycles of money and goods going around.
The US currently has the problem that there is too much money on the side of the people who receive money in exchange for goods.

The economy is sluggish because all that money sitting in the vaults of the 1% is not available for investments.
And the money stays in the vaults of the 1% because 1. they don't hand it over by taxation, 2. they don't invest it because the economy is sluggish.

RKP5637

(67,107 posts)
9. I often wonder how this will ever be rebalanced? Sadly many believe it's their fault,
Mon May 23, 2016, 12:22 PM
May 2016

they just don't work hard enough, not enough education, etc., etc. All distortions and propaganda to keep them in line and the wealth of the US captured by few.

DetlefK

(16,423 posts)
10. To be fair: This "from-rags-to-riches" is a central cultural meme of the US.
Mon May 23, 2016, 12:32 PM
May 2016

This attitude, that you determine your life entirely on your own, is way less pronounced in other countries/cultures.

RKP5637

(67,107 posts)
11. And sadly it keeps many suppressed under the regime in the US as they fall for all
Mon May 23, 2016, 12:39 PM
May 2016

of the propaganda and folklore not understanding the system/establishment is against them and rigged not in their favor. And often when one tries to explain it one gets a blank stare and/or an argument wherein they are proud of their ignorance. I have a feeling the solution is a long way off for the US.

HughBeaumont

(24,461 posts)
4. He's running for United States Dictator.
Mon May 23, 2016, 11:49 AM
May 2016

Anyone who thinks the US should be run like a business (read: An American Corporation) is essentially supporting a dictatorship. An American corporation is nothing more than a dictatorship where the lowest plebes, meaning those who aren't board members, get no say in how anything is run.

America is pretty much just another company that Trump feels he should be the BOSS of. Professor Trumpbridge is in for a rude fucking awakening, as are his idiot followers.

RKP5637

(67,107 posts)
7. He consistently reminds me of an aggressive and dictatorial CEO. Those supporting him are in
Mon May 23, 2016, 12:01 PM
May 2016

for a very rude awaking if he is president, especially those with financial problems. Trump is exploiting them for their vote, but they can't seem to comprehend what's going on. And there are plenty of pseudo Brownshirts in America to do his bidding. This country is potentially on the edge of something extremely frightening.

procon

(15,805 posts)
12. How? The government can't just demand private business to go hire more employees.
Mon May 23, 2016, 12:51 PM
May 2016

He supposed to be a Republican now, a champion of trickle down economics. He'll put out a policy paper any day now with all the details about how he plans to implement his great ideas.

 

TrappedInUtah

(87 posts)
13. The problem with republican economic ideas
Mon May 23, 2016, 01:08 PM
May 2016

Is that they're all based on continued economic growth, fair competition, ethical employers and lack of government regulation. The second these conditions fail everything starts falling apart. You have big corporations start lobbying our government for laws that benefit themselves and discourage competition. You also get huge corporations that aren't interested in 'fair competition'. They'll sell products at a loss if it means driving out a competitor. Lastly, government regulations make it extremely hard for a new guy to compete in some areas.

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