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25 sats \ 4 replies \ @carter OP 20h \ parent \ on: Manufacturing was already coming back charts_and_numbers
Yeah US labor is like the most expensive input so we offset with capital expenditure
Tax cuts and deregulation could help on that front. We'll see what they do.
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I saw some commentators today say the only thing they can think is trump wants to lower us wages so we can be completive with our manufacturing...
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Dumping a bunch of federal workers into the labor force will help with that.
So would the grand plan of replacing income/payroll taxes with excise taxes (this would actually lower the cost of labor, more so than wages).
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I believe it when I see it
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