Economics Thread

Jaw said:
I was talking about the supply side in response to sturg asking about houses and cars.
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What would actually help the cost of cars would be being able to fix, work on them workout a trademarked computer system.

They are becoming disposable because of the technology and it’s not helping gas mileage
 
sturg33 said:
Is it your position that any job industry that gets "devastated" is a bad thing regardless of the upside?
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It depends on what scope we are talking about. If the small car manufacturing industry gets destroyed we have enough similar industry to take up some of that slack and soften the blow. If we’re talking about the entire auto manufacturing, steel manufacturing, appliance manufacturing, oil, or coal industries? Then yeah that’s pretty harmful.

I was reading about the battleship USS Missouri being recommissioned and used in the Middle East after 9/11. The Navy was actually very picky about when they allowed the 16 inch guns to be used. The guns were in great shape, the sailors had no problem firing them, there were plenty of shells, wads and powder. None of those were the problem. The problem was the gun barrel liners. They couldn’t get new ones because there was no manufacturer in the US capable of making them. They had to scavenge them from museum ships like the USS North Carolina just to make it through that short war. We won WW2 because of our manufacturing ability, and 20 years ago we no longer had the ability to manufacture a disposable part for something built 80 years ago.
 
sturg33 said:
The solution you're proposing is a downgrade in quality of life for all Americans

Common with the a protectionist, socialist, mindset
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Not really. I’m discussing solutions available on the supply side. If people buying a new top of the line 3 row suv aren’t happy with the price rising from $70k to $80k, suppliers have options to lower the cost. New cars without these features are difficult to find specifically because they are so profitable for the manufacturers. I think power windows and locks are ridiculous, but find a car without them. The price reduction from removing them could help offset the increase from tariffs.

A one story home with a flat roof should be more cost effective than a 2 story on a basement with lots of hips, gables, and dormers. It’s not, because the structural building codes for the ground level are the same.

I just replaced my 13 month old GE washing machine because the pump burned out, causing the main (there are 3 total) motherboard to burn out, causing the cost of just the parts needed to repair it to be higher than the original purchase price. Why does the washer need 3 boards today when when 20 years ago it didn’t have any? Why is the expected life expectancy of that pump 18 months today when they consistently lasted 10 years a few decades ago? I’m not sure, but I bet both of those issues being reverted on the supply side could save customers lots of money without negatively impacting their quality of life.
 
Tapate50 said:
What would actually help the cost of cars would be being able to fix, work on them workout a trademarked computer system.

They are becoming disposable because of the technology and it’s not helping gas mileage
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Absolutely. How crazy is it to see so many classics still on the road from the 50s, 60s, 70s, and 80s and know that a new F150 blowing its 4 cyl turbo (and they do it often) is a $30k+ repair. But hey, that F150 gets 2 mpg more than my 20 year old Silverado with a simple 5.7 V8 and no active engine management. I mean it’s totally a win for our environment to go through the manufacture, junk, crush, scrap, recycle, and manufacture again process a few times over a couple of decades to get that extra 2 mpg!
 
Jaw said:
Absolutely. How crazy is it to see so many classics still on the road from the 50s, 60s, 70s, and 80s and know that a new F150 blowing its 4 cyl turbo (and they do it often) is a $30k+ repair. But hey, that F150 gets 2 mpg more than my 20 year old Silverado with a simple 5.7 V8 and no active engine management. I mean it’s totally a win for our environment to go through the manufacture, junk, crush, scrap, recycle, and manufacture again process a few times over a couple of decades to get that extra 2 mpg!
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If you're mad about ridiculous governemnt regulation and intervention, no argument here

Im consistent on this
 
Is it just regulation causing this stuff? It’s hard to say because so many of the parts have been offshored. But yeah the regulation is definitely bad and anti consumer, and the cloak of protecting the environment is very thin.
 
Jaw said:
Absolutely. How crazy is it to see so many classics still on the road from the 50s, 60s, 70s, and 80s and know that a new F150 blowing its 4 cyl turbo (and they do it often) is a $30k+ repair. But hey, that F150 gets 2 mpg more than my 20 year old Silverado with a simple 5.7 V8 and no active engine management. I mean it’s totally a win for our environment to go through the manufacture, junk, crush, scrap, recycle, and manufacture again process a few times over a couple of decades to get that extra 2 mpg!
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My 24 Tundra hybrid, with a big ass battery and v6 gets about the same as my 2005 Chev z71 does. Trip computer says 14.0
 
DOGE was a fantastic idea and its legacy will be one of great success. It’s a shame that so many in congress just don’t care about America.
 
One of my favorite things about that evil free trade is that 36 years on planet earth I've never gone to a store and encountered a item i wanted not available to me

I'll go read up on Cuba and Venezuela and see their experience to get ready
 
Jaw said:
It depends on what scope we are talking about. If the small car manufacturing industry gets destroyed we have enough similar industry to take up some of that slack and soften the blow. If we’re talking about the entire auto manufacturing, steel manufacturing, appliance manufacturing, oil, or coal industries? Then yeah that’s pretty harmful.
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Im really happy that the horse and buggy job industry was devastated when Henry Ford created something better. And im thankful he sourced parts like rubber from his tires from international supply chains in order to devastate those markets

But I know those horse and buggy unions and job holders were screaming evil globalism when it happened
 
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