>>485146
There is so much bullshit contained in this post, I don't know why I'm even wasting my time responding, but here we go...
>That is literally the only way to end consumerism and disposable slop
There's a reason I said *relatively* cheap - i.e. relative to what they'll be if companies are forced to pay their employees upwards of SIX TIMES more money.
Over the past 40 years, inflation-adjusted wages have been flat. With inflation already being an issue, the notion that more inflation = better, is spectacularly fucking stupid. Most people are barely making ends meet as it is, not simply because they're not financially responsible or too materialistic, but because pretty much everything is too goddamn expensive. If we were to cut off trade with China (which is not the plan btw, but nice head canon), we would be forced to manufacture quite a few things (that are already relatively expensive), causing the prices of these goods to skyrocket, thus putting the manufacturing jobs that Trump and his band of buffoons keep talking about in jeopardy (not to mention the fact that AI is going to be replacing most of these jobs soon, anyway).
And we're not just talking about iPhones here. We're talking clothing, furniture, cars/car parts, plastics, and a variety of machinery. We import 450 BILLION dollars worth of goods from China every year (that's around 14% of our imports). Replacing the majority of Chinese imports with "made in USA" goods would be catastrophic unless companies continue to pay their employees slave wages.
>I know a true compassionate and principled leftist would have pursued an accelerated path to citizenship
Most of them do/did. Don't blame leftists from the Trump's administration decision to purge all of them.
>sayin integrating them was heckin white supremacy
Oh for God's sake, stay the fuck off of /pol/, kiddo.
>"The economy" is the central bank
Reducing the entire economy to the central bank is incredibly dumb and ignorant.
Regardless of what you read on /pol/ or whatever anarkiddy book, the economy is multi-faceted. Here's a textbook definition for you: the economy is the system by which goods and services are produced, distributed, and consumed within a society - this includes things like jobs, wages, inflation, trade, the stock market, etc. - and when one of those facets starts to crater, it's usually a very bad sign for the broader economy.
>The issue we're facing right now isn't international trade deals, it's the fact that the US merchant class is so greedy...
1. It's doesn't have to be one or the other. It's both.
2. If you think corporate greed is the root of the problem (which I agree with), think real hard about why bringing manufacturing jobs to the US might not solve it.
>"The stock market" isn't even necessarily relevant to us
The stock market is essentially glorified gambling. Only 50% of adults own stock, and over 90% is owned by the top 10% - it's a joke.
However, the market is not flashing bright red warning signs right now because of a poor jobs report or some massively overvalued tech stocks being corrected. It's shitting the bed because investors realize that the trade war is going to cause prices to increase, causing people to buy much less, causing profits to plummet, causing job losses, which will all eventually lead to a serious recession barring unforseen trade deals.
As for the housing market crisis, we are in agreement.