U.S. Manufacturing Is A Total Failure
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- Опубліковано 15 тра 2024
- The manufacturers of the United States are in decline as the economic forces take their toll.
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I work as a welder in manufacturing. Its reallly bad. Bright side is some product lines are coming back that we sent off to mexico. Their skilled labor is so bad were forced to take it back. After our company sank millions into the project. We're hurting.
Do you get treated like a dog? My dad is in manufacturing and I’ll tell you I wouldn’t wish it on my worst enemy
@@Hoodlum728 He's right. There's just not a whole lot of money to be made in manufacturing. Just enough to get by.
@@jspec-vz3mc hey thank you for your hard work. I pray if you have wife/kids they appreciate you. And if your kids don’t, they will once they start earning.
@@Hoodlum728 thank you man that is very kind. God bless 👊
Manufacturing skills were outsourced and now we don't have them anymore? Who knew that could happen? Apparently not American management.
It doesn't make sense to bring them back we should focus on taking em more to Mexico and this hemisphere of American influence
@@lilcreaper007 There is a competency crisis creeping up. Product cost is all important and product quality is ignored. It took many generations to cultivate a work force that could do what the US could do - from education to hands-on product delivery.
Don’t get depressed guys, as a small service business owner for nearly 40 years, it is probably easier now to start a small service business than when I started. You don’t need a secretary to answer the phone anymore, you don’t need a book keeper, there is tons of advice on the internet, and I have never seen so many effective ways to advertise and reach new customers. Even right after the GFC we still had business in the service business -repair, maintenance trades , I service chimneys, wood stoves, repair and clean every kind of vent imaginable, do lots of small brick and metal pipe repairs. There are tons of very needed services out there in demand.
There are also opportunities for small niche market manufacturing- A young fellow that worked for me recently just teamed up with a parter with some sort of 3D milling machine they bought making custom parts and short production runs for the auto racing industry. I’m not saying you’re going to get super rich off these little businesses but you might, and you certainly can make a living at the very least. I made enough to be stable and have some security as I transition into a modest retirement- I don’t need as much as some because I’ve always been a DIY kinda of guy that is not dependent on others to keep my house, car or boat going.
Need more comments like this John instead of the doom and gloom. I run a remodeling company. Work is always out there.
No questions about it, problem is when your supplier increase prices to the point where you wont be able to pass it to the customer. This is about production. Service is dependent on production. Customer wont be able to afford your service.
I live near the Savage Arms plant. They have a machinist school where you get paid to learn. Then right into very well paid positions with excellent benefits. They can't find workers. I have less and less sympathy for American workers.
There are just not enough people to work those jobs anymore. Look at the population rates. There is a reason why the government is actively trying to replace us. And it isn't because of Savage Arms not having workers.
Second of all. From what I have seen, it is hard to find blue-collar jobs that well. I make 85k before taxes, and I can barely afford a single wide. So calm down boomer. He is correct. The jobs just don't exist. If you think they do, go on indeed. Let me know how it looks.
something that baffles me about almost every economic student/expert looks at the data from generations past, then looks at trade and manufacturing, and NEVER mentions doubling the labor pool within the time frame of about 10 years from 1972-1981. There's no coincidence that this was intentional, to drive labor costs down, as well as to create more taxpayer wage-slaves. Nobody talks about this reality and it's impact. It was a 12 Richter scale earthquake in the economic landscape, and nobody addresses it. As more women enter the workforce, get college degrees, and dilute the labor pool, wages go down, inflation goes up, and we all lose.
And government collects more tax revenue
@@Defi_Guy_ that was the plan, but women take more than they pay in, which nobody foresaw.
@@tedlogan4867 it seems this caused inflation to rise exponentially in housing and vehicles since the most of the “new money” entered the economy via loans and financing. We were prospering for decades off credit not wealth. Inflation seemed pretty steady in everything else. Until 2020 at least when the ponzi began to fail.
@@Defi_Guy_ Everything took a dramatic turn in the early 80's, in precise correlation to women entering the labor pool in numbers.
That great conservative luminary Elizabeth Warren wrote a whole book on this topic
Mary Washington:
"The greater part of our happiness or misery depends on our dispositions and not our circumstances."
Seems like very high housing and rent costs in the U.S. forces workers to need a higher wage to keep a roof over their heads. Part of the reason, that wages are uncompetitive. High health care is part of it too. If those could regress towards the mean, we might be more attractive for manufacturing.
True. Hopefully this gets sorted soon.
The world is a surprisingly changeable place when you study history. A free people with the full range of civil liberties that also understands economic reality will become very resourceful. If we expect the government to feed us and clothe us like a “ socialist utopia “because times have changed we are screwed. Don’t fall in to a populist socialist blame game/ that is how countries end up with horrible dictatorships. Simon is for the most part correct as was Cantillon.
The USA arms 73% of the world’s dictatorships, in fact we coup their countries and put those dictators INTO POWER. We had no problem with Pol Pot killing his own people, in fact many think we put him into power. We trained the leader of Los Angeles deported MS-13 gang(yes that gang started in the USA) . We train death squad leaders, human rights abusers and assassins at the US government school called the “School of the Americas”
USA has been couping disobedient socialist governments For 100 years. That’s why you get all those pesky invading illegals at the southern border🤡
Please do talk more about socialist dictators if anything they learn their brutality FROM THE US GOVERNMENT BECAUSE Hitler sure did. 🙄
China seems to have hit the happy medium.
I work in manufacturing. One question I wanted to ask you, is if I invest in an index fund, what percentage of that is generally based on the growth of foreign manufacturing labor, vs. domestic labor?
I'm trying to get my brother and his friends to tune into your channel. Your readings of the classics of economics and then application of their insights into current events offers an incredibly valuable perspective that a lot of the youth is missing. To be frank I'd get bored trying to read those books myself, so I'm happy youre here to serve as a teacher and then enhance the material with your own perspectives and opinions which ties the content to current events and makes it more compelling. I know you love this stuff, but for what its worth, thank you man!
America manufacturers only one thing,,, DEBT
...and wars
My dad is in manufacturing. They treat him like a fckin dog and all he has done is dedicate his life to them.
So why tf would you want to work in manufacturing and not in sales,finance,tech etc?
Sales, finance, and tech jobs are the first laid off in a recession
@@Defi_Guy_ yeah I’ve been laid of twice in the last 3 years. Went from 60k to 75k to 105k. It just gave me the motivation to do something better. But yes, I agree. Also those jobs are mostly remote so you can do side work (for me, cleaning schools). Good luck out there, it’s brutal regardless.
We export tech ,intellectual property, and services. But that’s starting to wain as we get robbed blind and can do nothing about it.
Spot-On Comment!!
@@762foryou The Chinese have their own superior intellectual property. The US has given up trying.
If wood chopsticks were manufactured in America, they would cost $25 to $30 a piece. The manufacturing of "low tech" items should occur in the Latin American countries and not by our enemies. If you want to help the working class in America, start off by cutting federal income taxes.
Don’t forget capital gains taxes. And we should focus on high end manufacturing (chips/technology) as well necessary items (medicine etc.)
As you put it make sure allies are manufacturing everything else (Latin America ideally) due to its closeness.
And finally to help the American people reduce taxes (federal and capital gains)
The government and the fed are not in the business of helping working class americans
aren't the deficits big enough?
Lol. Nice theory. Have you factored things like governance, cultural values and infrastructure in Latin America in your calculations? There is a reason East Asians are good in making stuff. You Americans were dominate for the last 200 years because Asia was colonized and flattened by wars. After all, if Latin America can simply replace your "enemies", should your iPhones are all made in say Argentina instead in China by now?😂 Even India, you know, another "friendly" country, cannot replace China for decades.😂
This must be the downside of having the strongest currency on the planet. We can consume the most but suffer from the outsourcing of manufacturing jobs. Which equates to BS service jobs left over (unless you’re a tradesmen).
I often wish people would stop calling it 'labour' cost, and call it 'cost of living' or 'living' costs.
If you have a group always pulling cash out of the system, costs go up.
I get that the migrants drive down labour costs, but once these migrants are no longer on the public dime (on behalf of the corporations), their wages will not cover the cost of living in the US and Canada...then what? UBI will/is not an option in a debt based system; it's a short term propping up/hiding the loss of the middle class; but with a CBDC, and with 'spending' no longer organic (decided by the Oligarchs what YOU will be allowed to buy) the system collapses, natural law/human nature will make is so, plus such a society is brittle--not resiliency.
They have built apartments all over florida. It is crazy. Five or ten years ago they were building unnecessary hotels.
Simon, all it takes is for the cost of overseas transportation to increase past the point of profitability to change the equilibrium.
Increases, mainly in the cost of insuring vessels has gone up dramatically in the past year due to the soft “closure” of the Red Sea from Houthi drone attacks. Info from Sal at What’s going on in Shipping UA-cam channel.
More disturbances to the shipping lanes and geopolitical battles around the choke points of the world (Bab-el Mandeb, Strait of Hormuz, and potentially the Strait of Malacca, etc) and we could likely see this scenario.
Interesting times.
The increased cost would hurt our exports just as bad. If their cost increases was exclusively to them, then things would shift more dramatically
True.
For what it’s worth, according to World Bank export data the U.S. exports to the Middle East only accounts for 3.5% of total trade. With our top trade partners being Canada, Mexico, China, Japan, and Korea, all accessible without involvement in those choke points.
Alas, all this shake out in ways in which we can’t even think of because we have avoided understanding and talking about the global population issue.
Economics, a crazy tangled web of everything under the sun.
When canon was writing... quality was assumed and built into everything from day one
The tax code precludes manufacturing in the US, the cost of living is outragious.
Manufacturing, even propped up, will always have a place in the defense sector. I work in aerospace, and they're still looking for more workers! Overtime is available, and I was even encouraged to come in early to get all the parts done.
Love to hear more about accepting high interest rates as a healthy concept for the economy. There is a high probability interest rates may never decrease back to 3% in our life time.
Same! I want to explore this concept more as well.
Interest rates aren’t high. Look at a historical chart and you’ll see this is normal.
Cost of living requires higher wages.less taxes means lower cost of living.
You know, the essay he keeps referencing does sound an awful lot like the back editions of Das Kapital. Its a shame nobody makes it through vol 1 let alone the other 2.
Dude this is the first time i have seen your channel, this is a better analysis of the economy than everyone else. One thing that isn't considered is labour might not be a issue of manufacturing costs in the near future. That doesn't mean consumers are better of though, even if manufacturing returns to the US. China can build AI robotics as well or better than the US, so it is a zero sum game at that point. Those who own the machines will suck all the money out of the economy and the working class is done at that point.
Well I’m sure you’ll get to it. But there was even more to it. Simply lower labor cost in manufacturing over seas. Then combine that with more efficient larger ships and containerization in shipping industry resulted in massive advantages to foreign manufacturing. And lack of international patent enforcement didn’t help us much either. And wait there is more! I know I lived through it all.
For more than one hundred years, it was a greatr success, and taught the world how to run manufacturing companies.
That was then.
'The times they are a-changin' - Ouch !
Silver touched $30 today
that’s well above deviation, short it and make a buck
@@paulpierce2051Wouldn't be so sure.
used to be a kid could learn a skill in high school via the trade schools... now kids are taught how to roll a joint instead... its the dumbing of America
The one thing that can make American manufacturing competitive is ai automation. That all depends on IF it can actually do what it's being sold as.
Thanks Simon, you’re the best.
if there was a revaluation of currencies and assets, such that the value of a currency was based on domestic resources, the entire landscape would change, and todays assumptions about cheap overseas labor would no longer hold.
ANOTHER REALLY REALLY GOODE ONE..THANK YOU..!!!
“Protect our shipping channels to keep people buying our debt” Motive for war.
It was Mike in the Night
Good video
Also is the lumber industry sustainable, are its negative economic conditions worse than other sectors due to scarcity?
Vocational programs in academia have been shunned for years, liability in classrooms due to exposure and H&S shut so many down and people can't hardly change a lightbulb. It's getting some attention, but like the drug addict often has to hit rock bottom and for the US and the near future it too late. The country has never been weaker, undermined and divided in so many ways. What once was familiar is now unknown. The future dies for the US., I overrun and civil war
16:40 yes that is a great way to explain UBI/Neo-austerity(Neo-feudalism)
failure education
Well to bring it back tariffs aren't really going to work and the reason being is because you have to already have this factories in existence in order for the tariff to even pretend work so a great example of this would be in the 1980s when Harley-Davidson petition was in President Ronald Reagan to launch tariffs against Japanese bikes basically all foreign bikes but specifically Japanese.
So what you had was an American manufacturer of motorcycles in existence it did not stop Japanese bikes from coming in here but what it did was drive up the cost and the concept was that the higher price of the Japanese bike would force the American into considering the American bike for 5 minutes it pretended to work but that's just it it only works because Harley was here had Harley would have had most of their operations overseas kind of like they do now it wouldn't really work.
If you offered up money to help build the factories kind of like in WW2 or production factories well yeah I mean you would be providing them with state-of-the-art free real estate and a manufacturing line to go with it they kind of couldn't refuse but there's still one major problem and that is simply they don't want to pay the American wage even if they got all of their equipment and of course that equipment is taxable it counts as inventory for those that don't know so even the spare parts like bearings for the fucking conveyor belt via the rollers for the conveyor belt yeah that's counted as inventory in their tax accordingly the mop and the bucket used to clean the bathroom yeah that's counted as inventory.
Basically the concept of American manufacturing going overseas or even down south on this continent is not new Ford motor company attempted to do just that via Brazil over 80 to 90 years ago okay and they weren't the only company.
The only way that I could see government intervention working to force them to once again actually become American companies stay that way is not through handouts or tariffs it's literally putting the hammer down on talking about how you will no longer be in America company if you do not maintain at least 98% of your fucking manufactured base here meaning you will get no tax write-offs in fact we will find you year over year serious money I mean we're talking a billion dollars per factory that you stick overseas I think of a fuck if it's Warehouse you're still paying a billion dollars unless of course that warehouse can be proven to be a receiver of products made here in the US so in other words if you're going to sell some cars in Europe than the warehouse that you have in Europe it is to receive cars from America if that's what it does then you're still in good standing you can have a factory over in Europe or down south but it's capacity of production cannot exceed what you were doing here at the states that's a little funny language but basically what I mean is simply you can make as much as much as you would like overseas but here's the problem you're actually going to have to rely on your American base so you're American bass has to maintain literally 98% of the products that you're going to distribute around the world if you can't do that then go fuck yourself you are no longer an American company and you will be treated as if you basically if your entire company is here on a work visa only we're going to come after you for all kinds of shit.
Yeah I mean that's messy and the numbers that I've thrown around me sound pretty harsh but I don't see giving them bailout money and then they basically take that money and invest it in a bunch of foreign plants much like what happened when Trump took office remember he got pissed off at Harley-Davidson but he also got pissed off at GM basically he toyed with notion of trying to stop GM's bailout money basically found out somehow or another his hands were tied but then they immediately turn around and talk about how they're going to Mexico Harley-Davidson basically did the same thing they talked about how they're going down to South America and they're considering Europe.
I'm saying that you'd have to create an environment where they really have no choice but to maintain the manufacturing base here in the States now that set that also means that the government would have to back off of a lot of foreign tariffs and the reason being is because you know those countries could strangle us right there.
Basically have a lot of this tariff bullshit got started was imports that were frankly of better quality really started to pour in here in the 1970s our industry got comfortable where it was they did not want to change they whine to the government and said put a terrify the government agreed foreign governments then responded with tariffs on our goods if we could back off a lot of this tariffs and convince them to say and we're just going to put a short leash on our manufacturing base and if we could put a bit of pressure on them to do the same that would be a better approach especially if we could go around and open up new markets like for example if we could open up Cuba I don't understand why the fuck we're so against Cuba so they're communist so fucking what so is the Chinese and yet we've been trading with the Chinese for how many years people like 40 fucking years.
No I certainly don't like communism anymore the next red blooded American but my problem is how is it that you can choose to trade with these communist bastards but then those communist bastards over there are like the Communist bastards of the Communist bastards of bastards???
The only thing is when it comes to Cuba is we had better start making cars that are worth to shits those boys have a lot of forties and fifties American automobiles and even though they may have some duct taped and paper clipped to keep them going most of which ended up with lada engines bottom line is if they bought one of our typical pieces of shit today it wouldn't take them boys probably a year to figure out how shitty it really is compared to what America used to make I wouldn't doubt if half of them would be willing to send them back talking about how these are chunk that the Communists actually produced better cars they were more Hardy than what the fuck we're capable of producing today I mean one ride down the Cuban roads and I imagine that our cars are going to shake loose especially the electronics they never hold up.
We had a good compromise idea with NAFTA not perfect solution at all but better than what actually happened- China basically weaponized their already lower costs and intercepted much of the manufacturing that we were hoping to be sort of a Mexican Central American South American USA commerce union. We also were the last nation standing that was not in ruins after WW2 which helped the US- We were already planning ahead (Breton woods) as early as the middle of WW2.
Yes. And before that, Slavery.
George Gammon 34:00
After listening to your GG story, kinda hoping i was the commentor
its not the manufacturing thats the problem... its the education system... the teachers are training your kids to be idiots
Incorrect.
@@amraceway more correct than you know.... most kids these days can't even get through the interview process for a job as they don't know how to socialize and communicate .... I have met kids who don't even know where the state is that they live in.... the education of kids with ipods has created idiots... some can't use a clock to tell time.... some can't write a sentence on paper... and you think those comments are incorrect ??? guess where that places you....
2:08 Before the world became manufacturing tech saturated, and also because 'land' in america was in greater supply. They don't make more land
2:39 Only if they gain the capacity to produce what the originating producer made, or decide willingly to produce what they can - potentially slower for cheaper, while making their workers work potentially harder.
3:19 Yeah it sounds like, that like you said, they got all the gold at first, from all around the world, but then they were poised to have to give it up. I think I follow what you mean
5:00 what black swan type event would it take to make the economic forces say domestic manufacturing has to happen?
Covid. Covid happened, scrambled the supply chains, now factory construction in the USA is at record highs.
Smaller Government, $1 Trillion/100days debt! No more Free ,Free ,Free
The Department of Education is administered by the United States secretary of education. It has 4,400 employees - the smallest staff of the Cabinet agencies[5] - and an annual budget of $68 billion.[6] The President's 2023 Budget request is for $88.3 billion.
Miss the Silver bullion vids Simon.
Just a foot note . Although I agree with Simon on most of the understanding of basic economics / principles- UBC is full of moral hazard and the potential for loss of much of our liberties. These things have away of working themselves out with resorting to socialist solutions , our foreign competitors have problems of their own and I am not moving to China, India, or even Canada anytime soon , notice most people still want to come to the USA, invest here, etc- the one thing that will destroy us quicker than foreign manufacturing is giving up your liberties for a promise by government to feed you and cloth you- don’t accept that they will control you!
Typo correction Without resorting to socialist solutions
The main appeal of the USA is population density. Land is the ultimate resource and it gives you space for everything else. Nobody comes here for freedoms or some bs story the USA tells people. It's still underpopulated vs Europe and Asia.
Just as they planned it to be.
Did the UE get a new vehicle?
0:45 And safety and balanced working hours are good? Or are people worked into the ground, in a very dangerous industry?
Well we do need to do some of it for security reasons. Sometimes we do have to make an exception and subsidize for national survival security reasons in case of war. Although I agree a lot of the manufacturing we had here when I was a kid in the 1960s is never coming back on its own until the entire world reaches labor cost equivalents as other countries slowly over time become 1st world countries some day.
I make some pretty good panels. So I slightly disagree.
Tell that to tesla bud
Telsa has overproduction , cars not selling having to compete against a world full of cheap EV
@@UneducatedEconomistChina is shifting infrastructure to electric, while we are enforcing petrodollar infrastructure and falling behind.
I told the carpenters union for my 21 years vested I would take what they spend on one weekend giving carpenters whine whisky shrimp free hotel to carpenters in Vegas for my payout cause I know the way they lawlessly crushed me I will never see it but they said no rules and law and all you know
Manufacturing jobs pretty much suck. I'd say let the third world do it but we need to encourage India to fix its problems so more manufacturing can be located there rather than in hostile countries. India and Latin America are ideal places to have manufacturing and we should be making investments there rather than China. For people who want to work with their hands there are the trades like plumber which are going nowhere. If you want you can have an office job such as accountant or engineer. Many major economists have warned that protectionism will cause more harm than good to the US economy.
You have to understand it's designed to fail
By who, when?
apple 3 trillion profit outside US
Manufacture will come back only when labor cost will fall in the u.s.a . How , you know the next big thing called depression thats the only solution. The only real country that is consumer centred are u.s.a, canada and australia.(Big space,lot of ressource and somekind of liberty financialy speaking.)
Stock market record highs. Doom and gloom here
Stock market isn't the economy. It is driven by sentiment and the bigger fool theory. Rallies end when there are no more buyers.
The "breadth" of the market is narrow these days, Nvidia can't carry the entire market. The market will eventually tank under the weight of the financial sector, which is badly underwater with loans on office buildings and pre rate hike low interest rate long treasury holdings.
I've taken gains and am on the sidelines these days. No "FOMO" at this point, I'm OK missing out because experience has taught me what stair steps up takes a fast elevator down.
The stock market is separate from the economy my guy.
90% of people aren't participating in the stock market.
Wages are higher in America than China because the Chinese Government covers universal healthcare, free college if smart enough, subsidized affordable housing, etc... This allows workers to be secure and make less than here. One big problem we have the most expensive healthcare in the world. So, wages go up to try to afford just that... You could start there however the Industrial Healthcare Complex is now so rich and powerful how do you get them to lower their costs to us?
Healthcare costs are like a mortgage for a house you will never live in
@@jimsummers487 With the sky-high deductibles yes you won't live in that house, just pay for it.
no way!! I thought the Chinese government was evil and oppresses their populace. 😂
Im manufacturing number 2
☕️
This country has grown weak, fat, and complacent. The United States, as we know it, is fixing to change, for the worst im afraid.
Give migrants papers…
Ludicrous.
Our domestic market is the envy of the world.
ALL will pay to build their products here, if we have the tariffs to demand it's cheaper than transportation.
Free trade is to argue letting people have access to your Ferrari for free - so you can have access to their Pinto for free.
BYD is building a plant in mexico and will avoid tariffs thanks to nafta. The market will be flooded with 10k ev cars. CATL seems to have scrapped plans to build a battery plant in mexico though due to the inflation reduction act, but with their new sodium battery needed a lot less lithium, it leaves me waiting to see how that plays out. 🤔
@@paulpierce2051 Yeah, nafta has to be scrapped.
I don't know the particulars of that development, but on face value swapping lithium for sodium batteries seems like a game changer.
There's zero reason to important sodium. lol
No doubt countries exporting lithium are going to be hit hard.
Why you didn't go to college after high school to study economics?
You use the plane analogy with gravity always being there, but then you say manufacturing returning will never work. If you stay with your analogy, we found a way to fly a big plane and a bunch of people through the air in spite of gravity being present, so it follows we could find ways to make onshoring work in spite of market forces against it. That or it was a bad analogy.
I know it's hard for everyone who wants to make easy money "investing" in the stock market, crypto currencies etc to understand but life isn't easy. Our society has lost it's way, period. The times of easy money are over folks. You are living in a fantasy world where right is wrong and wrong is gaslighted as right. History is forgotten and the same thing that happened to the Roman's 1500 years ago is happening again. The last Roman Emporer was an amoral Transvestite before the fall. Don’t believe me? Do your research. The world has ALWAYS been a wasteland. What to do? The ONLY thing to do is be the Hero of your own life. The Hero to your family and friends. Localism not globalism. Get away from large urban areas as fast as possible and start creating a life of self reliance and close personal ties to your community. Our so called "leaders" have failed us in a catastrophic way. They aren't my leaders. I'm leading my own life. And thriving. 45 year Craftsman in metal and wood. Husband, father , grandfather and loyal friend to those I trust. Good luck.
Every dog, it is said, has its day. Biden's US still thinks it is 1954 and not 2024. You gotta let it go guys, just like we did many years past. Best wishes from UK
Great comment, been thinking the same thing as a yank.
Been saying this for years. Let China be the one everyone preassures for saving... America needs to focus on itself and get back to legitimate growth again.
Destroyed in late 70s ..and Regan .finished it off
So what happens when foreigners stop buying the debt? ... like China
We collapse?
Government spending takes a 30% haircut if all foreigners stop buying debt. The other 70% of the t-bond purchases is domestic. I speculate, assuming government spending comprises 20% of the GDP, GDP would drop by 6%.
i would get a haircut
It's working great, keep spreading misinformation, more $$$ for me. We manufacture billions of weapons every year, right?
Dude why do your videos need to be so long, Trim the Fat...a Little bit.
LOT'S OF JOBS COMING AFTER TRUMP COMES BACK ❤❤❤
😂👍
Propaganda.
Americans can make the money. They just don’t want to think for it. So they find easy jobs that don’t require to think to much. So that’s why they’re Broke.
Ah, the globalist view.
Cost of living requires higher wages.less taxes means lower cost of living.