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Marita Schweizer
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Comments by "Marita Schweizer" (@maritaschweizer1117) on "Economics of Trump Explained by an Economist" video.
I also started working in a factory with 15 years old for 4 years, and I hated the job. I never want to go back.
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What is really good in bringing back low paid jobs? Right now it is alredy difficult to hire good staff. More factories would make the labour shortage worse and only accelerate inflation. It is good if faactories with low price goods go abroad this offers growing potential for higher paid jobs. Even China want to get rid low cost branches like textile to move the economy direction to an US economy.
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@Stalofos labour shortage means high salleries. But it also means you cannot produce many things withon the USA. Ĺets say a factory worker in China earn $5 per hour and in the USA $50 per hour. Would the consumer really pay 10 times more for the same product in case it is work force intensive? No people would not acept such a hyperinflation and reduction of living standard.
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