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Cake day: June 15th, 2023

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  • agamemnonymoustoMicroblog Memes@lemmy.worldmaga sandals
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    19 hours ago

    Just like a stock portfolio, the economy is healthier if it is diversified. That means we need to bring back manufacturing

    We have a diversified economy, including manufacturing. We have plenty of high tech, high skill manufacturing that pays well. There is no benefit to trying to claw back low low skill, low tech factory jobs that pay even less than teachers. No one’s portfolio is healthier because they move their investments from blue chips and Treasury bonds to penny stocks and meme coins. Blind, non strategic diversification for the sake of diversification is dumb.



  • agamemnonymoustoMicroblog Memes@lemmy.worldmaga sandals
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    2 days ago

    We need to NOT accept that manufacturing is behind us. NEVER accept failure.

    How is manufacturing being behind us failure, exactly? Does an engineer fail when they pay to eat at a restaurant? The service industry jobs that make up 3/4 of our GDP pay better than manufacturing jobs. Tariffs are like adding a restaurant tax to incentivize lawyers and doctors and engineers to cook at home.

    Transitioning from low paying physical work to high paying mental work is success, not failure.







  • What is more though? Individual action has limited scope of efficacy. Coordinated mass action is pretty much better in every way. We need central planning and guidance. Authoritarianism succeeds as much as it does because there’s a central authority to distribute a common plan. We need a plan.

    Dissent is a good starting point, but it doesn’t really accomplish anything. It can gather people around common grievances, but without an agreed upon redress to those grievances, all you have are a bunch of upset people who will each maybe do something. And that something probably won’t even be useful.