This whole presidency is raised for maximizing CEO income and no taxes for everyone at the top.
It will be interesting if Trump actually manages to pull it off, because he’ll make the US swap places with China:
No one trusts the country anymore, but if it has low enough wages and proper production capability it will produce everything cheaply just to export it all overseas where the luxury goods will be sold.
Of course all profits will be made overseas, not in the US because hardly anyone can afford the luxury items no more.
Meanwhile the production states will get deep smog clouds and intense small coal particle pollution in return.
And the need for face masks will be back…
That the real issue right there. But that’s why all the manufacturing went out of the country in the first place. Often because businesses were sold, or passed on to their children. Then the new owners were only doing it for the money.
Yes for the money, but often people who start a business do it because they have an personal interest in what their business is about. As opposed to those who later take over the business and are then really only interested in the money.
CEO pay can mitigate that if they’re willing to make less.
But then how would they afford multiple cars, planes, and houses?
/s
Hahaha
This whole presidency is raised for maximizing CEO income and no taxes for everyone at the top.
It will be interesting if Trump actually manages to pull it off, because he’ll make the US swap places with China:
No one trusts the country anymore, but if it has low enough wages and proper production capability it will produce everything cheaply just to export it all overseas where the luxury goods will be sold. Of course all profits will be made overseas, not in the US because hardly anyone can afford the luxury items no more.
Meanwhile the production states will get deep smog clouds and intense small coal particle pollution in return. And the need for face masks will be back…
That the real issue right there. But that’s why all the manufacturing went out of the country in the first place. Often because businesses were sold, or passed on to their children. Then the new owners were only doing it for the money.
As opposed to what reason for owning a factory??
Yes for the money, but often people who start a business do it because they have an personal interest in what their business is about. As opposed to those who later take over the business and are then really only interested in the money.