06-14-2024, 09:22 AM
(06-14-2024, 08:02 AM)Synric Wrote: UBI sounds like an amazing idea until you realize the cost. Just giving the 300+ billion Americans 10k a year would cost roughly 4 trillion. I would rather see the Government force manufacturing jobs back into the US which was the backbone of the Middle class. The jobs don't exist anymore so neither does the middle class.
I think that's what we are trying to do right now.
Hopefully we can avoid the Foxconn's and the Solyndras.
https://wisconsinindependent.com/economy/trump-promise-manufacturing-miracle-failed-foxconn/
https://apnews.com/united-states-government-30189ac3d2eb4daf926f2575cf6d0874
The last guy didn't do us any favors.
https://www.epi.org/press/trumps-trade-policies-have-cost-thousands-of-u-s-manufacturing-jobs-action-is-urgently-needed-to-rebuild-the-manufacturing-sector-after-the-coronavirus-pandemic/
“The Trump administration has taken credit for ‘reshoring’ manufacturing jobs, but the data show that isn’t true. Nearly 1,800 factories have disappeared under Trump between 2016 and 2018,” said Scott. “Additionally, the U.S. trade deficit in manufactured goods rose significantly between 2016 and 2019. In fact, the real U.S. trade deficit has increased in every year since 2016, reducing GDP growth by roughly 0.25% annually over the past three years. Compounded with the devastation left by the coronavirus pandemic, the blue collar manufacturing workers need serious help from policymakers.”
