The New “What did you do with your Z today” (with off topic replies)

vtec to vvel

https://www.cnn.com/2023/07/26/busin...ion/index.html

"Larry Summers, the former Obama and Clinton official, slammed parts of President Joe Biden’s economic agenda as “increasingly dangerous” this week, saying it could end up causing higher prices for Americans.

“I am profoundly concerned by the doctrine of manufacturing-centered economic nationalism that is increasingly put forth as a general principle to guide policy,” Summers said on Tuesday while speaking virtually at an event held by the Peterson Institute for International Economics."

blackcherry20

Americans?

What Americans?

We are worried about Americans?!

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Grand Sport Corvette Arctic White

JNews86

The only thing Brandon and all his criminal friends care about are illegals and stupid shithole Ukraine.

FL 4Motion

I talked about this before on here, you can restore American manufacturing and then we all pay higher costs to offset higher production costs incurred.

Unfortunately average peoples salaries have been declining since the 70s so since our purchasing power is eroded we notice increased manufacturing costs more (inflationary).

Or, we can make our sh1t in China, India, etc and have cheap goods that help people ignore/forget wages have not been increasing for the majority of Americans fairly for the last 50 years but that money has gone to the csuite, stock values and executive compensation at our expense.

You can’t have it both ways.

vtec to vvel

I fundamentally disagree with this. Wages/salaries have NOT been decreasing. Look at minimum wage and look at income from the 70's and now (they have significantly increased). What has gone down, due to inflation, is buying power.