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CALIFORNIA TO START NEW WEALTH TAX!
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<blockquote data-quote="vantexan" data-source="post: 5553046" data-attributes="member: 24302"><p>OK, in the 50's majority of married women stayed home. Once women started working more in the workforce there was more spendable income and prices started rising. Families started having less kids and the divorce rate rose. Do you think we're going back to women staying home while their husbands work? Do you think with smaller families we have enough young people to work in all those factories and buy all the products the factories put out? Those factories would have to sell overseas too so how are they going to compete with factories overseas with much lower labor costs? We still have manufacturing in the States, it isn't all gone. But it's usually very high value added equipment like medical equipment. It's not mass produced clothes, shoes, phones, etc. Highly unlikely that'll come back. May go to places like Mexico to get away from China.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5553046, member: 24302"] OK, in the 50's majority of married women stayed home. Once women started working more in the workforce there was more spendable income and prices started rising. Families started having less kids and the divorce rate rose. Do you think we're going back to women staying home while their husbands work? Do you think with smaller families we have enough young people to work in all those factories and buy all the products the factories put out? Those factories would have to sell overseas too so how are they going to compete with factories overseas with much lower labor costs? We still have manufacturing in the States, it isn't all gone. But it's usually very high value added equipment like medical equipment. It's not mass produced clothes, shoes, phones, etc. Highly unlikely that'll come back. May go to places like Mexico to get away from China. [/QUOTE]
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CALIFORNIA TO START NEW WEALTH TAX!
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