▲ | thefounder 14 days ago | |
I think the inequality could be even higher because the rich can simply move the investments aboard while the working people have no real choice but “enjoy” the local economy. | ||
▲ | cantrecallmypwd 14 days ago | parent [-] | |
No need to "think". These policies are all magnifying stagflation. Recession if not depression. There won't be anything to buy because America doesn't have much of a manufacturing supply chain, isn't willing to pay workers enough, and prices are rocketing to the moon such that Americans won't buy domestic or imported goods. Domestic producers, having less international competition, will raise prices leading to a massive similar price-profit contributing 60% of inflation post-pandemic in the K-shaped recovery. The soonest manufacturing could be setup in America is 3 years, but this is work American corporations don't want to pay workers fair wages for. |