alt Hacker NewsThis is a valid point but I’m struggling to understand what it has to do with the gp comment.
The reality is the West has been leaning on cheap labour for decades. That can’t continue as the rest of the world is catching up.
This is a good thing even though it will be painful for people used to consuming cheap goods from Asia and other parts of the world.
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>> That can’t continue as the rest of the world is catching up.
This has already been happening quietly in several industries.
I remember many years ago when I was working in a bike shop (early aughts) and the Specialized engineer was talking about how Taiwan used to be the brunt of the jokes in the bike world for decades. He went on a rather long rant about how over that same time, they had essentially dumped billions into becoming a technological behemoth when it came to bike manufacturing. Their factories were so far advanced, and their engineers were so highly qualified, that many bike companies (including Specialized) were moving their manufacturing back to states because it had become too expensive to continue using the Taiwan factories.
Your comment is devoid of content, of substance. Just more parroting of obligations that do not exist.
You're not struggling to understand my comment. You're struggling to think altogether when your argument is "well because random political choice in 1979, we must today in 2026..." type reductive, functional illiteracy.
But ok; we must coddle the past to satiate some. Well, debt jubilees are things humans have done before. Wipe the ledger and start counting again. What is grandpa going to do? Rise from the grave?