H
harddriver
Well-known member
Listen to how confused the other host's are when they hear truth.................
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You don't understand that demographic of people that can afford 80" flat screen TVs and $400 dollar shoes is shrinking as a result of free trade globalism. What happens when no one can afford these things?The only person that seems confused here is Rick Santelli. He seems to completely miss the point that globalism is deflationary and allows the average Amercian worker to afford things like an 80" flat screen TV for $400, shoes for < $50, everyday appliances for <$30 and so on. Not everybody has an AmEx Black Card that they can drop on the counter at checkout.
You don't understand that demographic of people that can afford 80" flat screen TVs and $400 dollar shoes is shrinking as a result of free trade globalism. What happens when no one can afford these things?
No, it's not shrinking, it's called Walmart, the largest retailer in the world. That's where they shop.
Once you reshore all of those products at labor costs 8x, then who will be able to afford $3,200 TVs, $200 shoes, and $200 coffee makers?
I'm pretty sure most that could go back in time and then given a decision again between cheap shit from China and other parts of the world vs good paying jobs with a decent wage to afford a house and car would pick good paying jobs for a house and car vs being able to afford cheap shit from China on Amazon Prime.......
All day, everyday and that is a part of what people voted for in 2025.
It seems you missed his point. If you had good paying jobs that had wages that indexed with inflation with a healthy job market instead of a 100% financialized economy that only benefits the upper 10% and 1% who own 90% of stocks..... the cost of American made goods would be a non issue.The only person that seems confused here is Rick Santelli. He seems to completely miss the point that globalism is deflationary and allows the average Amercian worker to afford things like an 80" flat screen TV for $400, shoes for < $50, everyday appliances for <$30 and so on. Not everybody has an AmEx Black Card that they can drop on the counter at checkout.
Maybe people will start to appreciate, take care of, and be more selective about what they buy instead of mass consuming and treating everything like throwaway trash built off of the backs of what might as well be slaves.
Elites, slave labor? That's kind of funny. I'm remember a billionaire once stating, in reference to cheap foreign labor, "they have to work too."When American wages are deflating against inflation and Americans no longer have good paying jobs, healthcare or a pension plan because all the corporations are using slave labor in China and other countries so those TV's , Shoes and Walmart Costco goods are cheaper. That's so the dollar that's been devalued isn't as obvious while in the process of printing DEBT out of thin air because the GDP doesn't cover what the politicians steal and hand out all over the world(USAID anyone), this is bankrupting the USA.... The US doesn't have a revenue problem, the USA has a SPENDING PROBLEM and overall this does have a deleterious effect on the average American life. When your country doesn't make steel, aluminum, or other support industries because the corporations have chose pure profit that is a national security issue. But these same corporations still want access the American market with no tariff penalty for moving their manufacturing overseas where labor and environmental cost are nil... meanwhile every foreign country in the world tariffs US products that we still do manufacture.
Not everyone can and I wouldn't make the assumption that everyone can or should.
Why not? Do they need to buy multiple phones a year or multiple cars a decade or junk they buy over and over when it ends up being more expensive in the long run?
That's not what it means at all Dan, but hey, you never let facts or truth get in the way of your narrative before so why start now.dRumps tariffs just mean the rest of the world will enjoy a good supply of relitively low cost goods and everyone in this country will
enjoy overpriced goods in short supply b/c dRump is a delusional washed up reality TV star w/an over-inflated sense of self importance thats never had a real job of any type.
Must be nice...... other Americans on average would like a nice job too so they can say the same........I buy USA made at every chance that arises, it's not cheap, but I can afford it........