Comment Detroit happened (Score 1) 341
Cheap labour is the way of the future and has been for the past 3000 years. It's also referred to as trade, growth, and prosperity.
This is not to say that America hasn't made some blunders. American manufacturing was in the catbird seat until Detroit happened. Want a small, fuel-efficient car that doesn't fall to pieces the minute your service contract expires? The Japanese will make one (eventually). Detroit could have matched the Honda Civic while the Civic still sucked, but they had their heads up their ass-hats. It would have cut into selling overpriced and oversized cars you really didn't need. Why sell utility when you can sell dreams.
Knock, knock.
Who's there?
Jap-Crap. Jap-Crap with a plan. Jap-Crap planning to kick your ass.
Oh, yeah? You and who else?
It takes a real genius to spin the globe and miss China. Well done, Detroit, well done.
If it weren't for Asia, America would still be making oversized shit that breaks like clock-work. Outside of high tech, that's mainly what America was good at. We don't bring out our A game until we have a trillion dollar sustainment program on the boondoggle warpath.
The golden era of high domestic wages and low productivity was paved by the global petroleum monopoly. Did the Arabs really want to sell us all those barrels for half the net proceeds accruing to what we could manufacture by its consumption? Hint: they didn't have many great choices.
Knock, knock.
Who's there.
F18.
Oh, yeah?
Yeah.
OK, let's talk business. Name your price.
But go ahead and spin your weird little protectionist narratives.
With the F35 we're now balanced on the knife edge at the post-knock knock end of history.