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Comments by "" (@badluck5647) on "He's No Reagan! Why Trump Will be Considered Our Worst President | Michael's Quick Take" video.
*Liberals said supply side economics doesn't make sense until covid supply side shortages made everyone poorer *Union's destroyed unions. They artificially increase wages outside of supply and demand, which just drove the jobs overseas.
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To be fair, there wasn't anything like AIDs. Dr. Fauci said all traditional medical plans didn't really work.
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@cdjhyoung Manufacturer jobs are leaving pro-Union states because they are economically uncompetitive. Fact.
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@willmorrison1022 What in the tax code makes it more profitable to manufacture in China than the United States? I know you have nothing. Lower labor cost and strong dollar dive manufacturing jobs overseas. Meanwhile, the 7 biggest companies aren't creating most of their value from the manufacturing. Most of the value is created from software engineers in California.
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@willmorrison1022 That's not what happened. China in the 2000s was offering huge tax breaks to foreign direct investments, and they were artificially manipulating their currency to drive down the already low Chinese wages even lower. Meanwhile, American unions kept demanding higher wages without increasing productivity. The Chinese basically paid American companies to switch to cheaper labor.
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