How can America have BROADLY SHARED prosperity once again?

[Fuzzy1975]

So who is going to buy the products made overseas if our jobs are gone.

Which jobs are gone?

If you look at the statistics of employment, Manufacturing is #4 and falling, yet GDP (is) was growing. The problem with Trump and his tariff's is he is trying to change the economy to increase growth in the manufacturing sector, and as you pointed out, that can only happen if wages decrease.

https://www.statista.com/statistics/200143/employment-in-selected-us-industries/

 

[MajorRewrite]

If you can export manufacturing to countries with workers able to work for a tenth American wages then our union protections go out the window. Do we keep the US a gated 'manager neighborhood' and export all manufacturing? Of course A.I. robots can do a lot of the paper shuffling. So who is going to buy the products made overseas if our jobs are gone. Will tariffs bring them back? Maybe American workers will become so poor they can compete head to head with Chinese.

The US has the second largest manufacturing output. Don’t believe the fact-free people who pretend we don’t make anything.

And the Trump administration doesn’t believe in protectionism, because it is trying to negotiate away tariffs.

 

[Politruk]

The US has the second largest manufacturing output.

Then what happened to the manufacturing jobs here? Was it automation that destroyed them?

 

[Politruk]

Don't waste your time -- Chad has been banned.

And the air around here is perceptibly cleaner.

 

[Politruk]

Short of full socialism, the only thing that will achieve the kind of broadly shared prosperity we used to have is vigorous dirigisme.

Dirigisme or dirigism (from French diriger 'to direct') is an economic doctrine in which the state plays a strong directive (policies) role, contrary to a merely regulatory or non-interventionist role, over a market economy.[1] As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state intervention in curbing productive inefficiencies and market failures. Dirigiste policies often include indicative planning, state-directed investment, and the use of market instruments (taxes and subsidies) to incentivize market entities to fulfill state economic objectives.

The term emerged in the post–World War II era to describe the economic policies of France which included substantial state-directed investment, the use of indicative economic planning to supplement the market mechanism and the establishment of state enterprises in strategic domestic sectors. It coincided with both the period of substantial economic and demographic growth, known as the Trente Glorieuses which followed the war, and the slowdown beginning with the 1973 oil crisis.

The term has subsequently been used to classify other economies that pursued similar policies, such as Canada, the Netherlands, Japan, the East Asian tiger economies of Hong Kong, Singapore, South Korea and Taiwan; and more recently the economy of the People's Republic of China (PRC) after its economic reforms,[2] Malaysia, Indonesia[3][4] and India before the opening of its economy in 1991.[5][6][7]

Most modern economies can be characterized as dirigiste to some degree as the state may exercise directive action by performing or subsidizing research and development of new technologies through government procurement (especially military) or through state-run research institutes.[8]

 

[LargoKitt]

The US has the second largest manufacturing output. Don’t believe the fact-free people who pretend we don’t make anything.

And the Trump administration doesn’t believe in protectionism, because it is trying to negotiate away tariffs.

Look at the manufacturing tag inside your underwear. Count American cars (not trucks) on the highway. Is something made by an American company made in America? But I'm not saying 'slam the door', I suggest cutting all who work for a corporation, no matter where they live, get a cut of the profits. And while we're at it, set the CEOs salary as a multiple of the lowest paid worker, employee or contract.

 

[Politruk]

Of course, there's always universal basic income.