Re:How to Build 300k Airplanes in Five Years
by concordDance on Friday May 24, 2024 @04:29AM
(#40464157)
Worth noting this also lifted a billion people out of poverty.
Re:How to Build 300k Airplanes in Five Years
by mrguyorama on Friday May 24, 2024 @10:01AM
(#40466372)
China could have lifted their people out of poverty on their own. We didn't need to sell them our manufacturing base to do that.
Lenin
> Is it just because it would be impossible to have an industrial base in a world where Asia exists and can produce everything that could be built in the US for 1/5 the cost?
It's not impossible, had the US kept capital control and tariffs there would have been no way for Asia to catch-up at all. But the free trade ideology and greed led the US where it is now.