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Did Trump Save US Business Profitability?
According to a Mr. Lighthizer (a US Trade Representative serving under President Trump), Trump has saved US business profitability, with the teaser jobs will return to the US.
It may be that Mr. Trump participated in forcing the realization that cheap labor in unstable countries won’t pay as much to shareholders in the long-run as coming back home.
What Mr. Trump has not done is cure US businesses of their greed and cruelty. He is addicted to greed and inured to cruelty himself, so he is in no position to lead us to the kind of business structure that supports everyone and plays nice with Nature.
Recall, US businesses think in the nanosecond timescale with the requirement that profits only go up (and fast) or heads roll and employees are fired, and if it weakens the US populace and frags Nature?
Okay.
This infinite and uninterrupted profits aim destroyed US jobs in the past, as well as salaries and benefits.
The good jobs of the past will not come back when US businesses do.
Due to a 40-year GOP union-busting assault, Trump has helped US businesses realize they can now force starvation wages on US workers.
