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L. K. 23
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Comments by "L. K. 23" (@l.k.7940) on "Valuetainment" channel.
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You're talking nonsense!! All advanced countries economies transitioned in the past decades from most of manufacturing to mostly services based, even China is transitioning, Japan tried to keep the old model in the 1980s and 1990s only to lead its economy to stagflation and bcoz of all the tariffs protectionism Japan's companies stopped being innovative.
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They certainly don't want high wages, bcoz they worry about the costs to businesses and eventually for the costs of products potentially going high.
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@mriccardi825 He certainly had manufacturing there!
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@MrBhakundo It's both, the reasons i mentioned and also the reasons you mentioned.
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@dylanrocha2442 Depends on what type of work etc.
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@weirdshibainu That varies by type, some could be, especially in certain southern states.
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Bill Clinton left the country with the best economy and balanced budgets, so wtf you're talking about?!?! just bcoz the economy transitions and things change doesn't mean it's bad, just need to prepare and adapt.
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@alanbejarano4940 Apparently you had problems understanding properly my comment. Clearly i didn't say all countries had to transition out of manufacturing, i said all advanced countries transitioned out of most manufacturing, sending those jobs to less advanced and lower wages places!
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@David-wm8jp 😆😆 It's a problem?! socialist economy?! It's not a problem if the countries and politicians are proactive instead of just reactive, things change and advance, either adapt or stay behind in development! All advanced countries switched most of economy from manufacturing to services etc. All communist countries had a lot of manufacturing and some produced almost everything within their countries, were they capitalist according to your nonsense thinking?! Most of manufacturing is never going to return back to the high wages countries.
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@EricHansen-fr3cz Nonsense. Go back to school.
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@Curious564 Maybe you forgot that other countries have advanced technologies and automations and a.i. etc too! Tariffs won't cover chicken sh,t, the wage labor and energy price differences are usually very significant, unless the tariffs go up to 200% or 400%. If for example a nice car made in China costs 15,000 dollars, even with 100% tariffs it would still be cheaper than one made in U.S.A. or Canada.
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Exactly, except he's a fkn chauvinist so keeps parroting that nonsense!
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Things change, wages change, people change, countries change, economies change! Almost everything changes at some point or another! Get over it and adapt!!
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