tag:blogger.com,1999:blog-2992740250270600844.post8537806700612294375..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: Higher Prices On Import Goods A Fair Cost For JobsBruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2992740250270600844.post-58114831736615963722017-02-10T04:08:21.579-08:002017-02-10T04:08:21.579-08:00It sounds like we are in agreement overall. I feel...It sounds like we are in agreement overall. I feel it is important we are in control of shaping and designing the kind of world in which we live. Politicians on the far right and on the far left as well as many leaders of big business have agendas that fit poorly with this goal. <br /><br /><br />Bruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-41868869579242142772017-01-29T12:19:06.738-08:002017-01-29T12:19:06.738-08:00Hi Bruce, I first want to thank you for taking the...Hi Bruce, I first want to thank you for taking the time with your analysis. It helps so much if we all have a civilized debate. I am missing two factors, though, and I am interested what you make of them. My conclusion has long been that (1) despite the trade deficit the profits accrued by US companies via operations abroad ultimately flow back into the US and (2) as human labor is gradually replaced by machines it won't be a significant source of employment in the long term. Based on this I would be inclined to think that it is the corporate governance and tax system that need reform rather than global trade. In other words, the US economy as a whole benefits from globalization but those profits aren't fairly distributed. (One example of that are disproportionately vast payouts of C-level executives compared to rank and file employees — deserved or not, the difference is staggering). Adjusting these policies is especially crucial as manufacturing jobs begin to disappear due to automation, creating immense wealth for those who will control the machine-based manufacturing plants as well as the core technologies behind them.Anonymoushttps://www.blogger.com/profile/04102919801929852580noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-49804261242399037152017-01-28T10:31:21.730-08:002017-01-28T10:31:21.730-08:00If that were true a great deal less landfill jobs ...If that were true a great deal less landfill jobs would of been createdBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-54579465085135234062017-01-28T07:35:40.825-08:002017-01-28T07:35:40.825-08:00Imagine if all the cheap junk sold at the big box ...Imagine if all the cheap junk sold at the big box stores over the last 30 years had been quality products made in our own country. Sunnybrook Farmhttps://www.blogger.com/profile/18135224259672444423noreply@blogger.com