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AHAHAHAHAHAHAH!
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Shut the fuck up.,
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You fucking retard.
We SAW in the 80's and 90's what happens.
The company is stripped all the way down to scrap, what they can't get good money for they leave in place and don't sell to avoid competition, they get the building condemned or use the property for tax writeoff.
The people are just shit out of luck, except for the C-Suite, who all go new jobs.
The older managers got bonuses.
Everyone else don't even get unemployment.
So how about you take that stupid shit back where you found it, you ignorant llitle faggot.
To be fair we have a binary problem that makes this happen. Its a two sided sword with no handle.
1. China enters WTO and we also "go free trade" which drives down wages and incentivizes building Chinese infrastructure. (lmao its cheaper in china, send the labor over there! huhuuhuh)
2. We import thousands and thousands of people with low skill, promising them higher wages than where they come from, and benefits for their children who will be trained and thus not low skill, so that they can promote their own interests. But everyone that is already here now has to compete with them.
So our companies have to compete with the lowest labor ECONOMY (how many chinese are there again?)
and we also have to compete to get the JOBS HERE. (How many immigrants can there be again?)
Meanwhile, all of this comes at a cost, meaning that while they're outsourcing and hiring immigrants to depress wages, they're also taxing us more AND printing more money. It's simply impossible to do ANYTHING in these circumstances. It's a flanderization of the concept of an empire where you can demand tribute from everyone by controlling resources with military power while enslaving the outsiders, and bringing slaves into the capital.
In that sense we have been under attack the entire time. If neither of these things happened, all of these businesses we think of as "american companies" during the post-war boom would still be huge. Where would RCA be? Where would China's "progress" be. Where was it before 2000 when they entered the WTO? Where was our country civically in the early 60s before Vietnam and the Hart Celler stuff?
If:
We didn't empire build at a loss
Import Immigrants at a loss
Send our factory structure to foreign countries at their gain
We would be insanely rich, powerful, and full steam ahead of our competition.
But something fucked us from inside our own walls.
When people compliment how good Toyota and Honda are at making vehicles where do people think that came from? They were directly competing with us, they had to work really hard to make their pickup trucks. (the vehicle that handy people use) They compete with what was already known as the best, and is still seen as the preferred truck. The F-150, right? (Ford? GMC? Dodge?)
And by the way what is actually better, bailing out a company or buying into it? Does it make ANY sense for us to just give money to people with terms preferable to them when they fucked up so bad, and it was the government's strategies that fucked them over before that?
Oh and just one more thing...
Gavin Newsom/democrats attacking the government for buying into intel as a "socialist" plot is a complete wedge they put between them and the red lefties who would actually like that if they were doing it. It would be much more accepted by fear based populations that it was Trump being fascist. Drum up that potentially made up quote that Fascism is Corporation + Nation. These people are stupid.
If the government owns a stake in an entity as stupid as what people call "Corporations", then that means the company has a duty to make money for America. My counterpoint to anyone thinking this is a bad idea is "that's hilarious." (Corporate law is an excuse to make executives money if number go up, no matter what happens after number goes up, or how number went up.)
Fuck corporations, and True to Caesar.