General Discussion
In reply to the discussion: It's not a question of blaming trade deals OR blaming automation. [View all]Hoyt
(54,770 posts)opened plants here. Sorry, but you can't just look at one tiny area to get the economic impact. I get the non-economic impact to those displaced is catastrophic, but millions of people retrain and move to new locations every year. Where I spent a lot of time as a youth was largely textiles plants. They are rotting building now. On the other hand, people can by underwear at 1/3 the cost of something made here.
Do you have something against poor people in third world countries? Lots of isolationists, Nationalists, etc., treat them like scabs.
Personally I believe everyone on earth deserves a chance to share in the wealth. Some poor peasant who goes from 50 cents a day in a rice paddy is plenty happy making $0.35 an hour while they learn a new skill that gives them a future. If they weren't happy, they'd stay in the rice paddy. To the extent a corporation makes extra money by moving production overseas, there should be a tax on profits to offset that and to be spent on social issues here.