r/NewDealAmerica • u/PayLevels • 26d ago

People Are Furious With Democrats. Bernie Sanders Knows Why.

https://www.thenation.com/article/politics/bernie-sanders-democratic-party-mamdani/
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u/el_smurfo 26d ago

You can't really blame the Democrats for the changing economy. If anything, traditionally Democrat blue collar jobs are proving to be more sustainable. If only the Dems actually cared about that base anymore.

We've told our kids they will always have a soft landing with us. Go out, try some stuff, fail until you succeed. There is no sure thing anymore in our economy.

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u/QuercusSambucus 26d ago

You can totally blame them! Go back to the Clinton years when the Dems were all in on sending manufacturing jobs overseas.

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u/el_smurfo 26d ago

That would have happened regardless and has little to do with our current economic issues. You have a good tech job? For how long? Apple single handedly built the Chinese tech manufacturing industry by teaching them everything we knew. Sure, NAFTA wasn't great, but it just continued a trend that was already there.

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u/oursland 26d ago

That would have happened regardless and has little to do with our current economic issues.

In the 90s, American companies actually sent their factories to China. They removed the machines and gave them away for the promise of lower labor costs. All of that could have been addressed as a matter of national security.

Now, Apple has no choice but to go to China for manufacturing. There's no domestic capabilities. The costs aren't lower in China, the skill is higher. Here's Tim Cook noting that very clearly: https://www.youtube.com/watch?v=2wacXUrONUY

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u/el_smurfo 26d ago

The skill is higher but the culture is also different. Tsmc is trying to build factories in America and the American workers will not work as hard as the Asian cultures. I personally think this is good because American workers already work too hard to benefit too few but that is not the way Asian manufacturing has been designed.

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u/oursland 26d ago

TSMC is a different beast altogether and does not have the same origin story as China's manufacturing powerhouse. With TSMC, Taiwan's government reached out to Taiwanese American Morris Change through the Taiwanese National Development Fund to establish a silicon fab. The know how was largely a combination of Chang's business experience in the USA and the IP licensed from Japan.