Re:Economists are now admitting that they were wrong about g...
by loki49152 on Sunday October 27, 2019 @02:34AM
(#21368183)
You're talking about getting America involved in the worst possible kind of war - a war against reality. As a field of study, economics is a set of advanced physics word problems. There is no law you can pass and no policy you can enforce that will ever make the economy actually function the way you desire it to if the physical economy would produce a different outcome.
Re:Economists are now admitting that they were wrong about g...
by codingslave on Sunday October 27, 2019 @11:33PM
(#21374035)
"You're talking about getting America involved in the worst possible kind of war - a war against reality."
Literally this article was about how its possible to defend jobs in a country
The point is that economic policies can make it so that a career in manufacturing in the United States does not need to compete with a career in manufacturing in China. To keep standards of living high in the USA, we need to wall off companies from undercutting and destroying our workers wages. It doesnt matter if it can be done cheaper in China, when we allow that it ruins the quality of life for American citizens. The only people it benefits are the people running the companies here in the USA and the people in China. The rest of the United States slips further towards being a third world country.