this post was submitted on 19 Feb 2025
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Someone commented here yesterday that just as NAFTA allowed manufacturers to export jobs and find reasoning to squeeze blue collar workers, creating a general shift to white-collar work in the U.S., this move is designed to squeeze those higher paying white-collar jobs, so that even more money goes into corporate and investor coffers.
My own addition to that thought is that it seems the natural end product is that the only way to make money once that system has done it’s evil deeds is to have money and be a member of the investor class.
Or, in other words - they aim to do to all of the U.S. what Walmart did to small towns across the U.S.
Without a care in the world, obviously. I think the people wealthy enough to not be impacted by this will thrive on exploitation until the U.S. economy is sucked dry to the point of unsustainability for their grift (or revolution occurs), then, like the parasites they are, will take their grotesque wealth and move onto other economies they can exploit.
I've been saying this for years now. The wealthy here are now international wealthy. They don't care about borders. Musk hops his private jet and goes wherever the fuck he wants whenever he wants and no governments seem to be in his way.
They are done with the high standard of living in the US. They think we're coddled and don't deserve it. They're done trying to bring up international living standards to match America and are all-in on bringing American living standards down to match the rest of the planet.
This is the strip-mining stage of American capitalism. They've turned all the economic tools that they used to subjugate South America (Chile for example), using Milton Friedman's Economic Shock Treatment here at home in the US.
They really don't give a damn, they're done with us. We're being dropped like a jilted lover.