OH, PA, MI +WI are finished because of globalization.Presidents can't solve it (user search)
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  OH, PA, MI +WI are finished because of globalization.Presidents can't solve it (search mode)
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Author Topic: OH, PA, MI +WI are finished because of globalization.Presidents can't solve it  (Read 1600 times)
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jfern
Atlas Institution
*****
Posts: 53,754


Political Matrix
E: -7.38, S: -8.36

« on: December 12, 2016, 09:03:50 PM »

I am 100% sure that there will be jobs in all those above mentioned states in the future.

But your post does point out the dysfunction on their economy. A recession, even a mild one, is likely within the next four years. Of course the rust belt will be hit hard, than in the next election they will all vote solidly Democratic.

No party has the ability to solve it. They will basically  just have weak economies until climate change makes their areas attractive.

Not 100% of people will be unemployed. Stay the course!

But seriously, we're going to need massive socialism as large amounts of jobs are offshored or automated and all the money keeps going to the rich.
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
Atlas Institution
*****
Posts: 53,754


Political Matrix
E: -7.38, S: -8.36

« Reply #1 on: December 13, 2016, 01:12:03 AM »

I am 100% sure that there will be jobs in all those above mentioned states in the future.

But your post does point out the dysfunction on their economy. A recession, even a mild one, is likely within the next four years. Of course the rust belt will be hit hard, than in the next election they will all vote solidly Democratic.

No party has the ability to solve it. They will basically  just have weak economies until climate change makes their areas attractive.

Not 100% of people will be unemployed. Stay the course!

But seriously, we're going to need massive socialism as large amounts of jobs are offshored or automated and all the money keeps going to the rich.

What if David Ricardo was right and in the very long run, wages for (relatively) unskilled labor inevitably decline until they are exactly equal to the cost of subsistence for a family of 4?  What happens politically then?

You really think they'll stop exactly there?
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