Economics Thread


Most of this manufacturing is automated. Manufacturing jobs have stagnated and even decreased. The higher paying jobs went overseas.

"However, the reality is that the U.S. manufacturing sector is shrinking as a share of the national economy. According to value-added data from the Bureau of Economic Analysis, the manufacturing sector is not growing as fast as gross domestic product (GDP).

From 2012 to 2024, GDP grew by 34 percent, while the manufacturing sector grew by only 21 percent. Indeed, in 2012, manufacturing contributed 11.3 percent of GDP; by 2024, its share had fallen to just 10.2 percent."


Meanwhile, we've turned a dangerous adversary into the number one manufacturer in the world.
 
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Most of this manufacturing is automated. Manufacturing jobs have stagnated and even decreased. The higher paying jobs went overseas.

"However, the reality is that the U.S. manufacturing sector is shrinking as a share of the national economy. According to value-added data from the Bureau of Economic Analysis, the manufacturing sector is not growing as fast as gross domestic product (GDP).

From 2012 to 2024, GDP grew by 34 percent, while the manufacturing sector grew by only 21 percent. Indeed, in 2012, manufacturing contributed 11.3 percent of GDP; by 2024, its share had fallen to just 10.2 percent."


Meanwhile, we've turned a dangerous adversary into the number one manufacturer in the world.
A long time acquaintance of mine actually shuttered the doors of his plant this year. My uncle worked there for years. He still had them doing inventory by graph paper. Only computers in the whole place were for owner and his son to dick around on and book hunts. They never did orders or anything other than with a pencil and calculator. Never put a salesman on the road to grow, nothing. Made a TON of money the old way and never changed a thing.

He could have cut staff in half with a few computers and hired a sales guy to grow, but just sat on his azz until he was told his plant was basically obsolete and he had some stock disappear. It was over.
 
Meanwhile back at the ranch, the unemployment rate for foreign-born workers has fallen in the past year from 4.2% from 4.1% while the unemployment rate for the native born has risen from 3.8% to 4.3%.
 
President Trump explaining why the full impact on consumer prices hasn’t yet been felt as US importers front loaded inventory domestically.

(casual admittance that US importers are the ones bearing the costs not foreign exporters)

One month to go until the golden age (once all the “cheap” goods are sold out and we can start collecting all the juicy tariff revenue)

 
President Trump explaining why the full impact on consumer prices hasn’t yet been felt as US importers front loaded inventory domestically.

(casual admittance that US importers are the ones bearing the costs not foreign exporters)

One month to go until the golden age (once all the “cheap” goods are sold out and we can start collecting all the juicy tariff revenue)

Can’t wait for JD Vance and Scott Bessent to come out and sneeringly explain to us how when the President said that American firms front-ran tariffs that it had nothing to do with the cost to consumers and these companies were simply trying to maximize profits or some bullshit.
 
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It's not about ownership. They do that too steal their proprietary information then open a new plant making the same products but cheaper. Our trade and immigration policy should not be any different than what their policy is towards us. What does Mexico do with illegal immigrants? I bet its worse than we are doing right now.
 
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