- cross-posted to:
- canada@lemmy.ca
- politics@lemmy.world
- cross-posted to:
- canada@lemmy.ca
- politics@lemmy.world
cross-posted from: https://lemmy.ca/post/40942039
Ladies and gentlemen, the dumbest person on the planet, Donald Trump.
cross-posted from: https://lemmy.ca/post/40942039
Ladies and gentlemen, the dumbest person on the planet, Donald Trump.
Not at all! They contribute nothing to the American economy except inflation.
That makes zero sense. How do they benefit by selling and manufacturing cars in other countries, if not by making money?
Weird, right? So people make money while working for Ford, for example.
Ford the automaker gets paid and makes “profit” in Murca.
Profit goes to the 1%. The 1% contributes nothing to the economy by dodging taxes and securing a greater share of the overall wallet in Murca.
This causes inflation because there’s less money circulating. Huh. It’s almost like the profits do nothing, despite what Reagan told you.
And profit going to the 1% isn’t bad because…?
It’s bad, but it’s such a small slice of the pie, and accomplishes nothing except the accumulation of wealth at the top 1% who contribute nothing to the society they’re in.
Of course it would be slightly better if we had wholly Canadian-owned auto makers but I’m pointing out that it’s not much better. Ford Canada is already a thing. Honda Canada is already a thing.