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Trump Eviscerates Bloomberg's John Micklethwait

1,244 views 35 upvotes Made by Mack-The-Knife 1 year ago in politics
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2 Comments
5 ups, 1y
Guess how the US was funded for the first hundred years or so. . .
0 ups, 1y
If you were a factory owner in China, and one of your markets said, they will force you to raise your price by 200% if you don't build a factory within their national borders, would you do it?

Keep in mind, your costs to stay where you're at don't go up at all. But buying land, building a factory, training the staff to build your product will take years. And that's without setting up supply lines through vendors and suppliers. So you have the costs of moving and building. Add the cost of new supply lines and new producting/software vendors. Now add your labor costs are going to go way up, because it's expensive to live in the United States.

OR

Will you stay right where you're at, producing the same thing at the same cost, and pass on that extra cost to the American consumer?

Which one would you do? Take on all these extra costs to take years to establish a new factory with trained staff OR stay right where you are, producing what you're already producing, and pass the price raise on to the consumer?

It's B. You know you'd pick B.
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