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A comment on What happened to the US machine tool industry?. Parent comment

Re:What happened to the US machine tool industry? by georgeecollins on Friday January 19, 2024 @01:35AM (#39052231)
MBAs and financially driven management are why the US is such a poor country today. If the US was run like Japan or Germany we would be the wealthiest nation on Earth. First this short shortsightedness cost us the brick industry, then steel, and now machine tools. My children are doomed to be burger flippers due to MBAs.
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Re:What happened to the US machine tool industry? by distances on Friday January 19, 2024 @02:35AM (#39052661)
> .. US is such a poor country today. If the US was run like Japan or Germany we would be the wealthiest nation on Earth.

US is, by a clear margin, the wealthiest nation isn't it? Certainly more so than Germany or Japan.

Edit: I may have missed some sarcasm there.

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Re:What happened to the US machine tool industry? by science4sail on Friday January 19, 2024 @11:35AM (#39057364)
I think that it's possible for both of you to be right.

If you work in traditional manufacturing in the Midwest and mostly consume domestic goods, then it's easy to feel like the US is circling the drain.

If you work in IT or finance in a coastal city and mostly consume imported goods, then it's easy to feel like the US is in a golden age.

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Re:What happened to the US machine tool industry? by hnu234 on Saturday January 20, 2024 @12:45PM (#39070208)
> If the US was run like Japan or Germany we would be the wealthiest nation on Earth.

The US is wealthier than Japan and Germany combined. With room to spare.

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