Let’s say what you have stated is fact, why did most American companies outsource their labor to foreign countries?

Precisely. @ BlueDuckBTC The reason I'm calling you retarded is because you are advocating for a solution that will not solve anything and actually make things worse. The evidence is clear. You ever heard of Stockholm syndrome? Go beg Daddy Government for more money.

Because we demanded wages companies could not afford to pay... So they found cheaper labor. But Yea let's demand they pay even more money. Surely it will have to opposite effect this time and not displace even more jobs to third world countries with ACTUAL slave labor.

This is an argument for nationalism and protectionism. Fuck the globalists. We're not all one human race with one global market. We are many different competing civilizations with different cultures and different forms of government. Slapping massive tariffs on imported goods to inventivise rebuilding America's hollowed out manufacturing center that had once enabled a thriving middle class is economically and morally justified. The economically illiterate Democrats are both against the tariffs and for raising the minimum wage, which will result in driving even more labor demand overseas to third world shit holes and trap Americans in a low productivity service economy. If you create good jobs, wages go up. It doesn't take any decree from the government. Thriving industry and a productive society lifts all boats.

disclaimer: I'm not american minimal wage is retarded concept. no argue there. but who deciedes what "good jobs" are? why you think the government knows that manufacturing is better then services (for instance)? under protectionism it's politicians and bureaucrats who decides. imports don't just destroy production. they also release resources for other production. if you can produce something for $1000 domestically and import it for $800 you save $200 of "productivity" for something else (inflation and taxes aside).

Calling others retards is silly considering that you seem to need an Ai to make your points for you. You can't even make your own arguments, you can only sling shit at others. Weak man.

Yeah, the "all one race/market" is working out excellently for the US and Europe these years. 🙄

I think the word retard is silly. And I think some ideas are retarded. Socialism is a retarded idea. And I used ai once... to compile evidence I knew already existed and didn't want to spend 20 minutes typing it out to someone that isn't going to care what the facts are anyways. Is the ai wrong? Or is it just information you don't want to contend with?

AI itself is OK. However, having AI make your arguments for you is wrong when you cannot argue your case on you own. You're solely able to make the basest of assertions, and then throw shit at others. It's childish, dumb and such behaviour deserves only scorn.

It didn't make any arguments for me. It cited a study. Which is what he asked for. I made the argument, it backed it with the facts. What deserves scorn is your inability to retort the facts presented and instead play this game of "well you just used ai and bad words" It's a petty character assassination and anyone that's not retarded can see through it.

No, you made crude insults and copypastaed your google ai response afterwards as if it was both an argument on its own and if its results were indisputably correct and unassailable. It was neither, in the unlikely case that you care to examine what you copypasted. Why should I spend my time typing out arguments to a person that clearly does not recognise the value of argument, or even what an argument is? You continue to accuse others of what you are yourself guilty of, and you have clearly misunderstood what a character assasination is, assuming of course that those were your words and not more ai puke. You offer nothing of value. Still solely worthy of scorn.

I have used ai exactly once in this thread. To cite the COB findings in 2019.

State imposed minimum wage is a crude measure, yet a very necessary stopgap to prevent a sizeable part of the workforce to descend into absolute ruin and tragedy. The minimum wage exists because the way the societal economy (not solely the US) runs is clearly skewed, unjust and frankly dumb.

that's probably correct. It exists because in socialism the real value is obscured

I am unaware where this socialism is in the present day?

everywhere. europe especially. canada. and probably 2/3rds of the whole planet. us soon-ish

I'm sorry but state provided welfare services are not socialism. If it was, the US would be 'socialist' as well, as even the most conservative US states provide welfare and disability payments to its citizens.

I didn't want to offend you. but to qote said Mises. He left a meeting with most libral (in the original meaning of that word) people of that time with: "You're all buch of socialists" It was 1947.

Milton Friedman

and that's the very definiton. in US you were able to offset it for much longer. probably because your governmet sells debt in dollars and devalues it afterwards. now it bites your ass.