The U.S. Can No Longer Hide from Its Deep Poverty Problem

Re:The U.S. Can No Longer Hide from Its Deep Poverty Problem by vec on Thursday January 25, 2018 @10:00AM (#16231151)

Okay, but what's the endgame?

The writing has been in the wall for anyone to see for decades in most of these industries. An American factory shuttering is a disappointment, but I doubt it's a surprise to anyone, including it's workers. We can make some long term sacrifices to slow the process, but to what end?

How slow is slow enough?

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Re:The U.S. Can No Longer Hide from Its Deep Poverty Problem by lumberjack on Thursday January 25, 2018 @10:17AM (#16231306)

There is no endgame. Nobody is thinking that far off into the future.

This is actually a problem in free countries. You do not have a cabal of elite on the throne who see themselves as the rulers forever. Consequently, long term planning is not as much of a concern. In this particular case the shareholders who pressured the CEO to move the labour overseas were only concerned with their short term gain. The politicians who might have endorsed it, were also thinking about their short term gain.

Nobody is thinking about the future until there is clear trouble on the horizon.

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