Reply to The question no one is asking: SHOULD there be manufacturing in the US?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Without a living wage, no one is going to be doing any of these manufacturing jobs. I doubt any of these companies are going to offer a pension and I doubt a family of four will not be able to live off of a line worker's income like they did in the '50s. No matter how badly you want it, America will not be back in the '50s. I would love to be able to vacation and have a single family home in a suburb and our children in a great school and me stay home all day with just my husband's job as a line worker working 40 hours a week. But honey that ain't going to happen[/quote]

Also the reason the fifties were a golden age was quite terrible and shouldn’t be replicated. Europe was decimated by fifty years of war, Asia and Africa and Latin America were struggling with the often violent ends of colonialism.  Our only true rivals were Canada and Australia and they didnt have the human capital and Australia is super far. Do we want the whole world to be decimated so we can have that back ?[/quote]
It was also during a time when white males didn't have to compete for high paying jobs with women and minorities.

BTW, taxes were much higher back then.  Sure, let's go back to the 1950s tax bracket, too.

[img]https://preview.redd.it/aw7r5yaqpnd01.png?width=1080&crop=smart&auto=webp&s=3c3861175206a9058cb7c69d9ab7dacbb4ab43f0[/img][/quote]

+1 we could fix a lot of problems by going back to a 1950s tax rate on the top earners. [/quote]

Literally most of the US' problems could be fixed if we taxed the wealthy like me. I don't pay my fair share in taxes. I know this. I'm well aware of that fact as someone who grew up poor and married into wealth. I remember paying more as a single person making $65k/yr than I do now as a c-suite who married a wealthy spouse. There are so many freaking tax loopholes and breaks for me. I try to do my part by giving a lot back to my community, but that just gets more tax breaks.

If I and others like me were properly taxed, the US could have universal healthcare, universal covered childcare, longer maternity & paternity leave, free or reduced state colleges, etc. [/quote]
There's a reason why hundreds of billion/millionaires wrote an open letter to world leaders to tax them more.

https://www.theguardian.com/business/2024/jan/17/wealth-tax-super-rich-davos-abigail-disney-brian-cox-valerie-rockefeller

[quote]More than 250 billionaires and millionaires are demanding that the political elite meeting for the World Economic Forum in Davos introduce wealth taxes to help pay for better public services around the world.

“Our request is simple: we ask you to tax us, the very richest in society,” the wealthy people said in an open letter to world leaders. “This will not fundamentally alter our standard of living, nor deprive our children, nor harm our nations’ economic growth. But it will turn extreme and unproductive private wealth into an investment for our common democratic future.”[/quote][/quote]

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