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This may have an inflationary effect. Perhaps they want to delay it as much as possible: Can we produce Milwaukee branded silicone spatulas 3-for-$6.99?
by papichulo4 2y ago
This may have an inflationary effect. Perhaps they want to delay it as much as possible: Can we produce Milwaukee branded silicone spatulas 3-for-$6.99?
- yunohn 2y agoThere is no “may” be inflationary. The entirety of Western civilization is built on and its future is predicated on a perpetual cheaper labor class both at home and abroad. That’s the only way the people can even survive right now. The moment things change, like minimum wage, oil prices, input costs - anything produced (even partially locally) jumps in cost. We have been seeing this happen constantly over the past decade.
- mensetmanusman 2y agoThat used to be true, but automation is real. Low cost labour simply delays automation.
- yunohn 2y agoI’m not sure if you’ve seen the news over the past decade, but most low cost labor countries like China are aeons ahead in automation. They’re just optimizing further and further, while the West just offshores and outsources everything.
- mensetmanusman 2y agoYes, that is why increasing tariffs and using that savings to subsidize automation in the US is the correct policy.
- yunohn 2y agoI don’t think tariffs will solve much, since people still want to buy those goods. USA just needs to start building ASAP - eat the initial losses, but put the effort in and make local manufacturing happen. Then it’s just classic capitalistic competition, which the USA claims to be the best at doing.