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Politics : Formerly About Advanced Micro Devices

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To: Bill who wrote (1537038)5/6/2025 1:07:39 PM
From: Rarebird   of 1568999
 
Well yes, time is a very big factor here. Xi has a lifetime appointment while Trump has midterm elections in 18 months.

Off shoring jobs at cheaper labor has been extremely profitable for multinational corporations and the US stock market. Look where SPX was trading in the mid 90s and where it is trading today. It has produced massive prosperity for many. If one can produce a product at a cheaper cost outside the USA without sacrificing quality, why not do it? It is called free trade, emphasizing free.

Margins are highest in service businesses, not in manufacturing. I don't get why Trump is so obsessed with returning to the industrial age. We are in the information age.

People are free to choose their line of work..
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